367 Yaamba Road Park Avenue QLD 4701

Ray White Commercial QLD are pleased to present to the market 367 Yaamba Road, Park Avenue (Rockhampton) QLD 4701 for sale by way of Auction on Thursday 18th March 2021 at 1pm (AEST).

-This asset has been leased for over 30 years with no vacancy
-Purpose Built as a tile showroom and tenanted by Beaumont Tiles for over 20 years
-National Retailer with over 110 stores nation wide - market leaders in tiles and bathroomware
-1,127sqm land parcel directly fronting the Bruce Highway with high levels of exposure to 13,805^ cars passing daily
-666sqm building area comprising 213sqm ground floor showroom 127sqm mezzanine showroom/office area and 326sqm warehouse.
-Rockhampton is the beef capital of Australia with a population over 87,500 that is forecast to increase to over 110,000 in 2036
-Annual CPI increases
-Tenant pays outgoings as per the lease
-$113,686* + GST pa net income