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New 10 Year Lease Plus Options to 2038 High Yielding Stra...

7 Discovery Lane, MOUNT PLEASANT QLD, 4740

Sold

Property Sold in 7 Discovery Lane, MOUNT PLEASANT QLD, 4740

Burgess Rawson (QLD) Pty Ltd

Level 24, 324 Queen Street, Brisbane, QLD 4000

Listing ID:
11337645
Status:
Sold
Price:
Price on Request
Last Updated:
29/10/2019
Icon building

Property Type

Retail
Icon square

Land Area

3078 SQM
Icon size

Floor Area

1576 SQM
Icon parking

Parking

N/A

New 10 Year Lease Plus Options to 2038 High Yielding Strategic Bruce Highway Location - 9% Yield

10 Year lease to July 2028 plus option to 2038
Annual CPI rent reviews
Building area 1,576 sqm
Substantial 3,078 sqm site
On-site parking for 39 vehicles
Prime location with significant Bruce Highway exposure
Recent $2.2 million tenant fit-out in 2017
Mackay: fast growing commercial centre underpinned by agriculture,
mining, tourism and the Sugar Capital of Australia. Population 120,000+
Net Income: $294,690 pa + GST
For Sale - 9% Yield

For more details, please email agent

Burgess Rawson (QLD) Pty Ltd

Level 24, 324 Queen Street, Brisbane, QLD 4000


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