Auction 11am AEDT Tuesday 27 March 2018
Doltone House Hyde Park Sydney
Attractive 15 year lease to 2021 + options to 2031
Liquorland boasts over 700 stores nationwide
Important Coles Liquor brand of Wesfarmers
Cairns: the second largest city in Northern Australia
Strong regional population of 285,000 people
Massive growth,100,000 more residents forecast over next 20 years
Ideally located in the landmark Centenary Heights Shopping Centre
Prominent corner exposure adjoining Friendly Grocer Supermarket
Ample on site customer parking and impressive signage
Guaranteed rental growth, fixed 4% pa rental increases (circa $40,000 in 2020)
Net lease, tenants pay outgoings, as per lease
Easily managed single tenant investment
Net Income: $36,945 pa + GST
