126 Mary Street Gympie QLD 4570

Shop & Retail
208.82 ha
Sold

Bank Of Queensland (BOQ) – Occupied Since 1986 Secure Lease to One of Queensland’s Oldest Financial Institutions

Secure 5 year lease to 2021 plus 5 year option through to 2026
BOQ: one of the oldest financial institutions in Queensland and now has a network of 252 branches nationally – Market Cap $4.4 billion
Fixed 3% increases assuring growth
Lessee pays all usual outgoings as per the lease
Prime 516 sqm retail site with 10 car spaces and dual street frontage totalling 20 metres
Modern single level 239 sqm building occupied by BOQ since 1986
Central amongst other national retailers including Westpac, CBA, ANZ, The Reject Shop, Best & Less plus others
Gympie: commercial and retail capital for the Gympie Region council, 160 km north of Brisbane trade catchment circa 51,000
Rent: $73,212 pa

Auction 11am AEDT Wednesday 24 October 2018
River Room, Crown Casino, Melbourne