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5 Herbert Street
Goondiwindi QLD 4390
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Sold on 28 May 2019

5 Herbert Street Goondiwindi QLD 4390

  • Showrooms / Bulky Goods
  • 1,229 m²
  • Sold, $1,800,000

ASX Listed Regional Investment

Transact Property Group are delighted to present Super Cheap Auto in Goondiwindi to the market for sale via Expressions of Interest.

Underpinned by an 8-year lease to the ASX listed Super Retail Group (Super Cheap Auto), this asset offers the astute investor the rare opportunity to acquire a centrally located CBD investment leased to one of Australias most desirable retail brands in a thriving regional centre.

Your timing is perfect following a recently announced $100m abattoir to be built in Goondiwindi by the Chinese owned Fucheng Investment Australia which will employ in excess of 380 people and provide over $11m annual benefit to the community once fully operational.

Features include:
- Leased to Super Cheap Auto (ASX:SUL)
- 8-year lease with options until 2036
- Net lettable area of 885m²*
- Land area of 1,229m²*
- Prime CBD location with close proximity to Target, Coles, The Reject Shop, Mitre 10 and various Banks
- $100m Abattoir to be built in Goondiwindi by the Chinese owned Fucheng Investment Australia

Net Income: $185,396* pa + GST

For further details, a copy of the information memorandum or to organise an exclusive inspection please contact Daniel Cullinane of Transact Property Group.

*Approx.

Highlights:
* 8-year lease with options until 2036
* Net lettable area of 885m²
* Over $200,000 in recent Capex

Address5 Herbert Street Goondiwindi QLD 4390
ZoningNot provided
CouncilGOONDIWINDI REGIONAL
We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
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Property Highlights

Date Sold28 May 2019
Sold Price$1,800,000
Floor AreaAsk Agent
Land Area1,229 m²
ParkingAsk Agent
Property ID2015144349
Category
Last updated  13 Aug 2019
Map for 5 Herbert Street Goondiwindi QLD 4390

Property Highlights

Date Sold28 May 2019
Sold Price$1,800,000
Floor AreaAsk Agent
Land Area1,229 m²
ParkingAsk Agent
Property ID2015144349
Category
Last updated  13 Aug 2019
Suite 604 Level 6/8 Market Lane Road Maroochydore QLD 4558
Transact Property Group Pty Ltd
Transact Property Group Pty Ltd