100 Gladstone Road Allenstown QLD 4700

+ New 10-year lease until 2030 with options through to 2050
+ Large 1,301 sqm* corner site with direct exposure to Gladstone Road, a major arterial road servicing an average of 22,000+ vehicles passing daily
+ Prime location: one of the first motels when travelling south from the Rockhampton City.
+ Investor preferred lease terms with the tenant paying all outgoings including land tax
+ Annual CPI rent increases ensuring strong rental growth
+ Surrounded by essential infrastructure including the Rockhampton Airport 3km, Rockhampton Hospital 1.8km, CQ University 1.2km, Mater Private Hospital 1km and Rockhampton Train Station 700m
+ Less than 1.8 kilometres from Rockhampton City Centre Plaza Shopping Centre, anchored by Coles, Target and Terry White Chemists 30 + specialty retailers
+ Located 400m from Allenstown Square Shopping Centre, anchored by Woolworths and The Reject Shop 25 + specialty retailers
+ Gladstone Road: a major arterial road connecting the Bruce & Capricorn Highway to the Rockhampton City
+ Rockhampton: diverse economy underpinned by resource & agriculture generating $84.5B annually in 2021
+ Net Income: $105,147.93 pa* + GST