Description
The Hub Smithfield - Brand New Fast Food & Fuel Convenience Centre
Retail - Smithfield QLD
Kelly & Co Property is pleased to present an exclusive opportunity to acquire a slice of The Hub Smithfield – a new under-construction convenience masterplan development fronting the newly built Smithfield Bypass in Cairns.
Featuring national fast food and fuel brands such as GYG, Oporto, Zaraffas and 7-Eleven and a future childcare centre, The Hub Smithfield will provide unparalleled convenience and amenity to the northern Cairns growth area.
Investment Opportunities
On offer are four individual investments, each with head leases to some of Australia’s most well-known food and fuel retailers. In addition, the development will include a 100-place
childcare centre. To be sold individually or in one line
7Eleven
– Net Income $379,554pa
– 12-year lease to 2037
– Fixed 3% annual increases
Guzman Y Gomez
– Net Income $242,890pa
– 12-year lease to 2037
– Fixed 3% annual increases
Zarraffa’s
– Net Income $379,554pa
– 10-year lease to 2035
– Fixed 3% annual increases
Oporto
– Net Income $157,022pa
– 12-year lease to 2035
– Fixed 3% annual increases
Construction commences in July 2024 with completion and settlement expected in early to mid-2025.
For further information please contact Sarah Broad on 0475 944 322.
Property Features
- Retail
- Land is 15,245 m²
- Floor Area is 2,205 m²
- About