RWC Queensland are pleased to present Lot 2 / 55 Railway Street, Gatton for sale with an asking price of $4.5 million ono.
Having been leased to the Reject Shop since 2012, this fully leased investment offers income stability and a prime trading location in the heart of Gatton. The Reject Shop has ample parking both in front and at the rear of the property and the income is underpinned by a head office lease to an ASX listed company, with fixed annual increases.
The lease is exceptionally strong with all outgoings recoverable, apart from land tax.
KEY INVESTMENT FEATURES:
• THE REJECT SHOP (ASX;TRS) is the tenant
• Annual Rental Increases are fixed each year at 4%
• Head office lease with 381 Reject Shop stores nationally
• Modern tilt slab construction
• Prime flood free location in the town centre of Gatton,
KEY SITE DETAILS:
• NLA - 750 m2
• Total Site Area: 1,533 m2
• Shared Car Parks - 26
• Frontage: 35.2m2 to Railway Street
A detailed information package is available upon request.
Please contact Stephen Kidd today for further information. 0413 550 474.
We look forward speaking with you soon.