Description
15 Year Lease to ASX Listed National Retailer
Retail Sold - Home Hill QLD
– Supermarket -Pharmacy -Bank & Fitness
– 4,510 sqm site – Bruce Hwy frontage
– Modern 7 yr old centre
IGA, Pharmacy, Bank & Other
129-141 Eighth Avenue, Home Hill (Townsville)
+ Metcash lease to 2029 plus options to 2044
+ Modern freehold shopping centre
+ Only seven (7) years old in high profile location
+ Prime corner position in the heart of town
+ Other tenants include Bendigo Bank and a pharmacy
+ Annual 3% rent increases assuring growth
+ Building area 1,570sqm*
+ Prominent 4,510sqm* site with Bruce Highway frontage
+ Home Hill: Major agricultural region South of Townsville
+ Townsville: Economic capital of North Queensland undergoing explosive growth – over $27B in infrastructure projects currently underway
+ Net Income $352,488 pa (plus GST)
For Sale by Expressions of Interest closing Friday 29th July 2022
Property Features
- Retail
- Land is 4,510 m²
- Floor Area is 1,570 m²
