Modern Drive Thru Investment - For Sale

SOLD

152 Charters Towers Rd

Hermit Park QLD 4812

Retail

FOR SALE

200m2

Ray White Commercial is pleased to present to the market 152 Charters Towers Road, Hermit Park 4812. This well exposed property is situated 3.3km south of the Townsville CBD and is a purpose built drive thru fast food facility, built in 2006 by Lancini Constructions. The site allows for 20 on site car parks and is easily accessible on the home bound side of Charters Towers Rd with approx 27,000 vehicles passing daily. The property is currently leased by Rock Paper Scissors for 5 years from 25/10/2012 with a 5 year option with an extensive fit out. If the Lessee takes up the further 5 year option than it is agreed that upon the expiry of the lease the fit out remains the property of the Lessee. The Lessee will be responsible for the removal and make good to the tenancy when the tenantÂ’s lease expires.
Rock Paper Scissors are currently paying a net rental of $87,685 pa plus GST.

Sale Details
152 Charters Towers Road, Hermit Park will be held for sale for $965,000

Contact Ray White Commercial today for a detailed information memorandum or to arrange an inspection.

Adrian Pascoe
M: +0417 622 240
E: adrian.pascoe@raywhite.com

Troy Townsend
M: +0407 213 887
E: troy.townsend@raywhite.com