Burgess Rawson is pleased to offer to the market, 226 Victoria Street, Mackay for sale via our Auction Investment Portfolio155.
The property has the following investment highlights:
+ Anchored by a new 5 year net lease to Bridgestone to 2027 plus three further five year options to 2042
+ Bridgestone: Australia's largest tyre retailer with 339 stores nationally and a market cap of AUD $30 billion
+ Supported by a secure 3 year lease to Dance Avenue plus options to 2027
+ Dance Avenue: Mackay's premier dance studio with an outstanding reputation in the Mackay region
+ Multi-tenanted income stream from long term tenants
+ High exposure 1,256sqm* site with dual street frontage
+ Located in the heart of the Mackay CBD meters from the Caneland Central Shopping Centre, anchored by Woolworths, Coles, BIG W, Myer and Target and 200+ specialty retailers
+ Outstanding Rent Reviews: annual CPI rent reviews across both tenancies
+ Mackay: one of Queensland's fastest growing coastal regions and home to over 177,000 residents
+ Net Income: $112,399 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEST Friday 16 September 2022
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*approx.
***GapMaps
**** Mackay Airport
*****Mackay Regional Council
