National Tenant on Long Lease. Major Highway Frontage.
Near new building leased to Supercheap Auto.
Australia's 7th largest retailer: top 100 ASX listed company.
8 year lease expiring 3 Nov. 2021 plus 5 + 5 year options.
Highly exposed prominent main road location.
Strong trading store with significant capital improvements by tenant.
Surrounded by other national retailers.
High population growth area: rich in mining, tourism and agriculture.
Easily managed, single tenanted investment.
Attractive taxation depreciation benefits.
Fixed 3% annual rent increases.
Net Income: $185,067 pa + GST (as at 4 Nov. 2016).