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201 First Street
Geraldton WA 6530
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Sold on 11 Aug 2021

201 First Street Geraldton WA 6530

  • Shop & Retail
  • 120 m²
  • Sold

Entry Level Fast Food Investment

+ Renewed 6 year lease to 2023 plus option to 2028.
+ Fixed annual 3.5% increases.
+ The current tenant is a successful Dominoes franchisee building a network of seven stores since 2012.
+ Tenant pays all usual outgoings including Land Tax.
+ Modern building with on-site car parking.
+ Gateway location opposite busy Bunnings Warehouse and only 250 metres from the $28.3 million Geraldton Homemaker Centre.
+ Prime 1,012 sqm* corner site with huge exposure to 17,000+ vehicles passing daily.**
+ Geraldton: Major Economic, Mining, Tourism, Aquaculture & Agriculture Hub including Australia's largest grain export terminal. By 2036, the City of Geraldton's population is forecast to grow 47% to 56,103.***
+ Net Rent: $60,937 pa* + GST

To be sold by Burgess Rawson Investment Portfolio Auction
Tuesday 10th August 2021
Bidding available via phone, online, and in person at the Hilton Brisbane or remotely at our Perth and Canberra state offices, and the offices of participating conjunctional agents.

*approx.
**GapMaps
***Forecast.id

AUCTION

Auction date and time10/08/2021 10:30
Auction location201 First Street, Geraldton WA
Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold11 Aug 2021
Floor Area120 m²
Land Area1,012 m²
ParkingAsk Agent
Property ID2017116450
Category
Last updated  25 Aug 2021
Map for 201 First Street Geraldton WA 6530

Nearest transport* to 201 First Street Geraldton WA 6530

Bus
Place Rd Before Cassin Pl157 m
Place Rd After Central Rd195 m
Central Rd Before First St297 m
Central Rd After Place Rd299 m
Data source: Transperth. This data is available free of charge fromwww.transperth.wa.gov.au.
*Within a 4km radius
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Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold11 Aug 2021
Floor Area120 m²
Land Area1,012 m²
ParkingAsk Agent
Property ID2017116450
Category
Last updated  25 Aug 2021

Listed by

Jamie Perlinger
Jamie Perlinger
Burgess Rawson VIC Pty Ltd
Call
0413 860 315

More about 201 First Street Geraldton WA 6530

201 First Street Geraldton WA 6530 is categorized as Shop & Retail Property. It has a floor area of 120 m² and a land area of 1,012 m². The listing ID for this property is 2017116450.

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