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
Map for 92-94 East Street Rockhampton City QLD 4700
Map for 92-94 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*
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