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105 Gill Street
Charters Towers City QLD 4820
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Sold on 28 Oct 2022

105 Gill Street Charters Towers City QLD 4820

  • Shop & Retail
  • 1 m²
  • Sold

Ultra Rare Ground Lease to Multinational Retail Giant

    Burgess Rawson is pleased to offer to the market, 105 Gill Street, Charters Towers QLD for sale via our Auction Investment Portfolio 156.

    The property has the following investment highlights:

    + Renewed five (5) year ground lease to EG Fuelco to 2027, plus three (3) x five (5) year options to 2042
    + EG Group: multinational fuel and convenience retailer with $32.4 billion annual revenue and 6,000+ locations globally
    + High profile 908sqm* CBD corner site with 58.5m* of direct frontage to Gill Street and dual street access via Church Street
    + Landlord friendly ground lease - EG Group pay all outgoings as per lease
    + Easily managed, zero landlord repair and maintenance obligations
    + Favourable CPI rent reviews (last review 7.3%)
    + Charters Towers: 136km south west of Townsville and a logistical hub of North Queensland, where the Flinders Highway and Gregory Development Roads intersect
    + Net Income: $95,133 pa* + GST

    To be sold by Investment Portfolio Auction
    10:30am AEST Thursday 27 October 2022
    The Hilton, Brisbane

    *approx.

    AUCTION

    Auction date and time27/10/2022 10:30
    Auction locationThe Hilton, Brisbane

    Property Highlights

    Date Sold28 Oct 2022
    Floor Area1 m²
    Land Area908 m²
    ParkingAsk Agent
    Property ID2018091345
    Category
    Last updated  28 Oct 2022
    Map for 105 Gill Street Charters Towers City QLD 4820

    Property Highlights

    Date Sold28 Oct 2022
    Floor Area1 m²
    Land Area908 m²
    ParkingAsk Agent
    Property ID2018091345
    Category
    Last updated  28 Oct 2022

    Co-Agents

    Craig Chapman
    Burgess Rawson Queensland
    Call
    0427 110 132
    Neville Smith
    Burgess Rawson Queensland
    Call
    0400 068 205

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