SOLD! 15 Year Lease to ASX Listed National Retailer - Full Line Supermarket & Bank

SOLD

129 Eighth Avenue

Home Hill QLD 4806

Retail

FOR SALE

Amenities

- Metcash Lease – from 2014 to 2029 plus options
- Bendigo Bank – new 5 year lease plus 5 year option
- Get Fit Home Hill leased to November 2018
- As new improvements of 1,570 sqm on 4,510 sqm site with Highway frontage
- Substantial depreciation allowances
- Home Hill – close to Ayr in rich agricultural Burdekin region
- Both tenancies on annual 3% rental increases
- Minimal management investment
- Site allows for further development (STCA)
- Net Income: $337,750 pa + GST

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