Brand new 10 year lease direct to Coles Group to June 2029 plus options to 2049
Fixed annual 3% rent increases including at exercise of option
Tenant pays usual outgoings as per the lease
Coles Express: 685+ outlets across the country & subsidiary of ASX Top 20 company Coles Group Market cap $17B
Blue chip PAD site within Silkstone Village Shopping Centre, anchored by high volume Coles plus 9 complimentary retailers including Liquorland and 275 car parking spaces
As new improvements constructed 2017 including double skin fibreglass tanks
Significant tax depreciation benefits
City of Ipswich: population to increase 143% to 520,000 by 2041. 95% of households owning at least one car^
Net Rent: $200,873 pa
^(Source: City of Ipswich)
Auction 11am AEST Wednesday 26 June 2019
River Room, Crown Casino, Melbourne
| Auction date and time | 26/06/2019 11:00 |
|---|---|
| Auction location | 73 Blackstone Road, Ipswich QLD |
| Property ID | 2015303638 |
|---|---|
| Floor Area | 187 m² |
| Land Area | 1,487 m² |
| Parking | Ask Agent |
| Annual Return | Ask Agent |
| Availability | Tenanted |
| Category | |
| Last updated | 4 Jun 2019 |
