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129 Eighth Avenue
Home Hill QLD 4806
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Sold on 8 Dec 2015

129 Eighth Avenue Home Hill QLD 4806

  • Shop & Retail
  • 4,510 m²
  • Sold

15 Year Lease to ASX Listed National Retailer - Full Line Supermarket & Bank

- Metcash Lease â?? from 2014 to 2029 plus options
- Bendigo Bank â?? new 5 year lease plus 5 year option
- Get Fit Home Hill leased to November 2018
- As new improvements of 1,570 sqm on 4,510 sqm site with Highway frontage
- Substantial depreciation allowances
- Home Hill â?? close to Ayr in rich agricultural Burdekin region
- Both tenancies on annual 3% rental increases
- Minimal management investment
- Site allows for further development (STCA)
- Net Income: $337,750 pa + GST

Auction 11am AEDT Tuesday 8 December
Sofitel Wentworth Hotel, Sydney

AUCTION

Auction date and time08/12/2015 11:00
Auction locationSofitel Wentworth Hotel

Property Highlights

Date Sold8 Dec 2015
Floor AreaAsk Agent
Land Area4,510 m²
ParkingAsk Agent
Property ID2012400435
Category
 Shop & Retail
Last updated  7 Oct 2016
Map for 129 Eighth Avenue Home Hill QLD 4806

Property Highlights

Date Sold8 Dec 2015
Floor AreaAsk Agent
Land Area4,510 m²
ParkingAsk Agent
Property ID2012400435
Category
 Shop & Retail
Last updated  7 Oct 2016

Listed by

Michael Gilbert
Michael Gilbert
Kelly & Co Property Pty Ltd
Call
0430 024 790

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