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Sold on 29 Aug 2019

92-94 East Street Rockhampton City QLD 4700

  • Shop & Retail
  • 2,112 m²
  • Sold, $2,075,000

A Smart Retail Investment

    Transact Property Group are delighted to present 92-94 East Street in Rockhampton to the market for sale via Expressions of Interest.

    Underpinned by a brand new 5 year lease with options until 2034, this asset offers the astute investor the rare opportunity to acquire a centrally located CBD retail investment, leased to an established tenant in a thriving regional centre.

    Features include:
    - Established retail tenant since 2014
    - Part of the Woods Retail Group (Six Retail Stores)
    - 5-year lease with options until 2034
    - 100% of outgoings paid by the tenant (excl. Land Tax)
    - 2,122m² in Net Lettable Area
    - Critical FIFO location for the Adani Carmichael Mine
    - QLD Government recently announced they will invest $1.1b in the region
    - Prime CBD location in close proximity to a number of national tenants

    Net Income: $195,000* 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:
    * $195,000 Net Annual Income
    * 5-year lease with options until 2034
    * 100% of outgoings paid by the tenant

    Transact Property Group Pty Ltd
    Transact Property Group Pty Ltd

    Property Highlights

    Property ID2015416454
    Date Sold29 Aug 2019
    Sold Price$2,075,000
    Floor Area2,112 m²
    Land Area1,290 m²
    EnergyAsk Agent
    ParkingAsk Agent
    Building TypeWhole building
    Category
    Last updated  30 Aug 2019
    Map for 92-94 East Street Rockhampton City QLD 4700
    Map for 92-94 East Street Rockhampton City QLD 470092-94 East Street Rockhampton City QLD 4700
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    • Purchase price

      $
      2,075,000

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Transact Property Group Pty Ltd
    Transact Property Group Pty Ltd

    Property Highlights

    Property ID2015416454
    Date Sold29 Aug 2019
    Sold Price$2,075,000
    Floor Area2,112 m²
    Land Area1,290 m²
    EnergyAsk Agent
    ParkingAsk Agent
    Building TypeWhole building
    Category
    Last updated  30 Aug 2019
    Transact Property Group Pty Ltd
    5a/20 Brisbane Road Mooloolaba QLD 4557
    Transact Property Group Pty Ltd
    Transact Property Group Pty Ltd

    Ask Transact Property Group Pty Ltd about this property

    Transact Property Group Pty Ltd

    Transact Property Group Pty Ltd

    07 5 *** ***
    07 5353 6044

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