High Yielding Asset Leased to ASX Listed Giant - 4,054 sqm Site
High yielding investment opportunity
Well configured 4,054 sqm main road site
Net Income $377,643 pa + GST
Cushman & Wakefield is pleased to present to the market 190-196 Nathan Street, Aitkenvale (Townsville) for Sale via Expressions of Interest.
The property has the following key characteristics:
- Renewed 5 year lease + options to 2032 - Viva Energy Australia - ASX listed tenant providing one quarter of Australias fuel requirements, market capitalisation of $2.8 Billion - Shell Coles Express operate a network of 1,250 unmistakable service stations across the country - Successful, high profile & strong performing site with tenant in occupation 30+ years - Prime location within 300m of major Woolworths/Big W anchored Stockland Townsville Shopping Centre & Coles/Kmart Aitkenvale - Seamlessly integrated with major Tavern, Subway/Dominos convenience centre & next to McDonalds - Well configured site with 85m frontage to Bruce Highway & 34,933 vehicles passing daily - Townsville - Resilient QLD city boasting a multi-faceted $12.38 Billion economy with a population of 195,032 - Tenant pays all outgoings incl. Management Fees & excl. Land Tax - Minimum 3% annual rent increases - Net Income $377,643 pa + GST
For sale via Expressions of Interest closing Friday 30 April at 12 noon.
For more information please contact the exclusive property professionals at Cushman & Wakefield.
