15 year lease to Woolworths to 2030 plus options to 2050
Annual rent reviews
As new improvements include 80 sqm convenience store, 385 sqm canopy, five starter-gate bowser islands – constructed 2012
Significant landholding of 3,511 sqm with 41 metre frontage to Boat Harbour Drive – 18,000+ vehicles passing daily
Prime location amongst Stockland Shopping Centre ($115m redevelopment in 2013), Coles, Kmart etc, plus Bunnings & fast food
Hervey Bay/Fraser Coast Region: Whale watching capital of the world and one of QLD’s fastest growing areas with forecast population growth of 38% to 144,835 by 2036
Rent: $135,895 pa approx. (June 2017 – assume CPI 1.25%)
Auction 11am AEDT Wednesday 22 February 2017
River Room, Crown Casino, Melbourne