SOLD! Freestanding Coffee Club Investment - 10 Year Lease - Busy Highway Location

SOLD

69 Albion Street

Warwick QLD 4370

Retail

FOR SALE

- 10 year lease to 2022 plus 2 x 5 year options to 2032
- Head Lease to international tenant – The Coffee Club, part of an $11 billion global food giant with over 1,600 outlets
- Striking freestanding building on Main Rd adjacent to Shell Service station and McDonald's restaurant.
- Substantial fitout in place including 12 onsite carparks.
- Warwick: Established residential town located 130 km South West of Brisbane via the Cunningham Highway.
- Tenant pays 100% of outgoings including land tax and insurance
- Attractive 3.5% rental increases, (Net Rent $176,494 in 2022)
- Net Income: $143,578 pa + GST

Auction 11am AEDT Tuesday 8 December
Sofitel Wentworth Hotel, Sydney