Freestanding Supermarket Lease & Options Expiring 2038
SOLD
41 George Street
Gordonvale QLD 4865
Retail
FOR SALE
1447m2
- Convenience supermarket with on site car parking.
- Leased to October 2023 + 10 + 5 year options.
- Prominent freehold title site with multiple street frontages.
- High population growth location.
- Annual CPI rent increases plus turnover rent provision.
- Tenant pays all outgoings, as per lease.
- Net income: $312,560 pa + GST.
- Offers over $3,500,000 (circa 9% net yield).
- Leased to October 2023 + 10 + 5 year options.
- Prominent freehold title site with multiple street frontages.
- High population growth location.
- Annual CPI rent increases plus turnover rent provision.
- Tenant pays all outgoings, as per lease.
- Net income: $312,560 pa + GST.
- Offers over $3,500,000 (circa 9% net yield).