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109 Gill Street
Charters Towers City QLD 4820
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Sold on 18 Oct 2022

109 Gill Street Charters Towers City QLD 4820

  • Shop & Retail
  • 144 m²
  • Sold

Supreme Freehold Fast Food Investment

    Burgess Rawson is pleased to offer to the market, 109 Gill Street, Charters Towers QLD for sale via our Auction Investment Portfolio 156.

    The property has the following investment highlights:

    + Five (5) year lease to November 2025 plus five (5) year option through to November 2030
    + Pizza Hut: the largest pizza chain in the world with more than 17,000 Pizza Hut Restaurants and Delivery Units operating worldwide, generating $12.955 billion in annual revenue
    + Proven long-term successful Pizza Hut business on site since 2010
    + Entry level CBD investment on 880sqm* site with dual street frontage to Gill Street and Church Street, adjoining busy multinational tenants Caltex and McDonald's
    + Strong and certain rental growth with fixed 3% annual rent increases
    + Rare and modern drive-thru, catering to the high demand within the catchment
    + 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: $42,139 pa* + GST (as at 15 November 2022)

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

    Please contact the exclusively appointed Burgess Rawson team for more information.

    *approx.

    AUCTION

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

    Property Highlights

    Date Sold18 Oct 2022
    Floor Area144 m²
    Land Area880 m²
    ParkingAsk Agent
    Property ID2018092910
    Category
    Last updated  28 Oct 2022
    Map for 109 Gill Street Charters Towers City QLD 4820

    Property Highlights

    Date Sold18 Oct 2022
    Floor Area144 m²
    Land Area880 m²
    ParkingAsk Agent
    Property ID2018092910
    Category
    Last updated  28 Oct 2022
    Level 12/127 Creek St Brisbane City QLD 4000

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