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.