28 Glady Street Innisfail QLD 4860

Overview
This is a rare chance to acquire a commercial building in Innisfail, Queensland, with a national tenant already in place. The property is occupied by Burson's Auto Parts, a national brand, and includes a fully functional 1-bedroom residence upstairs. Located strategically across the road from Bunnings Warehouse, this site has been home to the same type of business for over 40 years

Key Features
• Tenant: Burson's Auto Parts
• Residential Unit: 1-bedroom apartment upstairs
• Prime Location: Across the road from Bunnings Warehouse
• History: Operating as the same type of business for over 40 years

Income Potential
• Total Income: $77,510 per annum, including GST, when fully rented
• Lease Terms: Burson's Auto Parts signed a new lease starting November 1, 2024, with two options of 3+3 years
• Expense Coverage: Burson's pays approximately 80% of council rates

Why Invest in Innisfail?
Innisfail boasts a thriving population of approximately 10,000 people and a catchment area of approximately 40,000 people, making it a hub for national tenants such as:
• Bunnings Warehouse
• Repco
• Bursons Auto Parts
• Pets Domain
• Hungry Jack's
• KFC
• K-Mart
• McDonalds
• BCF
• Chemist Warehouse