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Entry Level Fast Food Investment

201 First Street, GERALDTON WA, 6530

Sold

Property Sold in 201 First Street, GERALDTON WA, 6530

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11353112
Status:
Sold
Price:
Price on Request
Last Updated:
08/08/2019
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Property Type

Retail/Retail/Showrooms/Bulky Goods
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Land Area

1012 SQM
Icon size

Floor Area

120 SQM
Icon parking

Parking

N/A

Entry Level Fast Food Investment

Renewed 6 year lease to 2023 plus option to 2028.
Guaranteed rental growth – fixed 3.5% annual rent increases.
Tenant pays all usual outgoings including Land Tax.
Gateway location opposite busy Bunnings Warehouse with 16,000+ vehicles passing daily.
Modern building with 8 on-site car parks.
Prominent 1,012 sqm corner site.
Geraldton: Major economic hub, Mining, Tourism, Aquaculture & Agriculture including Australia’s largest grain export terminal. By 2036 population growth is forecast to grow more than 35% to 65,000.
Domino’s $3.28 billion ASX listed company with 2,450 stores globally selling 180 million pizza’s in 2017/18.
Net Income: $56,886 pa

Auction 11am AEST Wednesday 7 August 2019
River Room, Crown Casino, Melbourne

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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