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 â from 2014 to 2029 plus options
- Bendigo Bank â 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 â 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
- Bendigo Bank â 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 â 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