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1-3 Empire Street
Paget QLD 4740
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1-3 Empire Street Paget QLD 4740

  • Shop & Retail
  • 6,267 m²
  • Commercial Auction

PRICED TO SELL | HIGH YIELDING 7.5% BLUECHIP INVESTMENT | Corporate Lease to ASX Listed Ampol

  • Strong Net Income of $640,000* p.a.
  • Brand new 5 year option (expiring 2029)
  • Over 175,000+ Cars Passing Weekly

Highlights of the opportunity include:

• Corporate lease to one of the largest fuel operators, Ampol Petroleum with over 1,800 locations throughout Australia.
• Total net income of $640,000* per annum.
• Newly exercised 5-year lease (expiring 2029) with 3 x 5 year options.
• Stable and predictable income growth of the greater of CPI or 3%.
• Commanding 6,267sqm* lot with significant long term value add potential.
• Direct exposure to Bruce Highway with over 175,000* cars per week.
• Whole-of-land lease where the tenants pay for all outgoings including land tax.
• Located only 4.5km* southwest of the Mackay City Centre.

For further information, contact the exclusive marketing agents at Colliers today.

For Sale via auction on Wednesday 30th of October 2024 at 11am (AEST) in rooms at Colliers, Level 30, 111 Eagle Street, Brisbane.

* Approximate. Image locations and outlines are approximate and indicative only.

AUCTION

Auction date and time30/10/2024 11:00
Auction locationvia National Auction in-house
Colliers International Brisbane
Colliers International Brisbane
Level 30 111 Eagle Street
Brisbane City, QLD 4000

Property Highlights

Floor Area6,267 m²
Land AreaAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019496815
Category
Last updated  2 Dec 2024
Map for 1-3 Empire Street Paget QLD 4740
Colliers International Brisbane
Colliers International Brisbane
Level 30 111 Eagle Street
Brisbane City, QLD 4000

Property Highlights

Floor Area6,267 m²
Land AreaAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019496815
Category
Last updated  2 Dec 2024

Co-Agents

Hunter Higgins
Colliers International Brisbane
Call
0406 997 936
Sam Polichronis
Colliers International Brisbane
Call
+61 415 610 324

More about 1-3 Empire Street Paget QLD 4740

1-3 Empire Street Paget QLD 4740 is categorized as Shop & Retail Property. It has a floor area of 6,267 m². The listing ID for this property is 2019496815.

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