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92-94 East Street
Rockhampton City QLD 4700
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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
Shop 25, 123 Parkyn Parade
Mooloolaba, QLD 4557

Property Highlights

Date Sold29 Aug 2019
Sold Price$2,075,000
Floor Area2,112 m²
Land Area1,290 m²
EnergyAsk Agent
ParkingAsk Agent
Property ID2015416454
Category
Last updated  30 Aug 2019
Map for 92-94 East Street Rockhampton City QLD 4700
Transact Property Group Pty Ltd
Transact Property Group Pty Ltd
Shop 25, 123 Parkyn Parade
Mooloolaba, QLD 4557

Property Highlights

Date Sold29 Aug 2019
Sold Price$2,075,000
Floor Area2,112 m²
Land Area1,290 m²
EnergyAsk Agent
ParkingAsk Agent
Property ID2015416454
Category
Last updated  30 Aug 2019

Listed by

Transact Property Group Pty Ltd
Call
0408778756

More about 92-94 East Street Rockhampton City QLD 4700

92-94 East Street Rockhampton City QLD 4700 is categorized as Shop & Retail Property. It has a floor area of 2,112 m² and a land area of 1,290 m². The listing ID for this property is 2015416454.

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