281-283 Brisbane Road Monkland QLD 4570

Burgess Rawson are pleased to offer to the market 281-283 Brisbane Road, Monkland (Gympie) QLD 4570 for sale via Offers to Purchase.

The property has the following investment highlights:

+ Anchored by a brand new five (5) year net lease to Petstock to 2029 plus two (2) further five (5) year options to 2039
+ Petstock: majority owned by Woolworths Group, Australia's #1 retailer with sales of $67.9 billion* in FY24
+ Supported by an eight (8) year net lease to Fitstop, a five (5) year net lease to OMF and a three (3) year lease to Country Care with options extending through to 2041
+ Fitstop: recognised as the fastest growing health and fitness brand in Australia for consecutive years with 200 locations internationally and a pipeline of further growth forecasted
+ Investor preferred net lease structures, with tenants paying usual outgoings
+ Prime freestanding 1,727sqm* NLA across four complimentary retail tenancies with 50+ car spaces on title, ensuring ease of access for customers
+ Multiple diverse income streams with a mixture of attractive fixed compounding 2.5% & 3% annual increases
+ High-profile 4,684sqm* corner landholding with over 100m* of mutli-retail frontage to the Bruce Highway (exposure to 30,000+ vehicles passing daily*)
+ Prominently positioned in the new Gympie Commercial Precinct, within 500m* of national retailers Bunnings, Mitre 10, BCF, Autobarn, Ampol, Harvey Norman, Chemist Warehouse, Silly Solly's, Totally Workwear and Burson Auto Parts
+ Gympie: situated in the heart of the Wide Bay Burnett Region, a key growth corridor of Queensland, experiencing rapid residential population growth that now exceeds 317,000
+ Net Income: $340,281 pa* + GST

For Sale by Offers to Purchase.

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.