274 Mulgrave Road Westcourt QLD 4870

Shop & Retail
333 m²
Sold

Blue Ribbon Fast Food Investment - Renewed 10 Year Head Office Lease

- Leased to Hungry Jacks Pty Ltd until March 2030
- Plus 2 x 5 year options to 2040
- Fixed annual 4% rent increases
- Prominent 3,188 sqm corner site adjoining Cairns DFO Centre with 74 tenancies and 1,200+ car spaces
- Successful store with brand new, dual 2 lane drive-thru facility
- 39 on-site car spaces plus waiting bays
- Passing traffic count of approximately 35,000 per day
- 7% turnover rent payable over threshold
- Tenant pays all outgoings as per the lease
- Net Income: $248,432 pa + GST

Auction: 10.30am AEST, Wednesday 24 June 2020

AUCTION

Auction date and time	24/06/2020 10:30
Auction location	274 Mulgrave Road, Westcourt QLD

_Archived_Kelly & Co Property Pty Ltd

Level 24/324 Queen Street

Brisbane City, QLD 4000

Property Highlights

Date Sold	25 Jun 2020
Floor Area	333 m²
Land Area	3,188 m²
Parking	Ask Agent
Property ID	2016270989
Category	Shop & Retail
Last updated	25 Jun 2020

Map for 274 Mulgrave Road Westcourt QLD 4870

_Archived_Kelly & Co Property Pty Ltd

Level 24/324 Queen Street

Brisbane City, QLD 4000

Property Highlights

Date Sold	25 Jun 2020
Floor Area	333 m²
Land Area	3,188 m²
Parking	Ask Agent
Property ID	2016270989
Category	Shop & Retail
Last updated	25 Jun 2020

Listed by

Raoul Holderhead

Burgess Rawson VIC Pty Ltd

Call

0413 860 304

More about 274 Mulgrave Road Westcourt QLD 4870

274 Mulgrave Road Westcourt QLD 4870 is categorized as Shop & Retail Property. It has a floor area of 333 m² and a land area of 3,188 m². The listing ID for this property is 2016270989.

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