Description
EOI CLOSING 24 JUNE - Rare Freestanding Supercheap Auto Investment
Retail Sold - Hermit Park QLD
Kelly & Co Property is pleased to offer for sale via EOI a rare freestanding, recently refurbished Supercheap Auto investment in Townsville. Located on one of Townsville’s major arterial roads, this property offers a significant landholding and flagship retail showroom.
Investment Highlights
– Secure lease to 2024 plus 5 year option to 2029
– Ideal location on one of Townsville’s busiest major arterials
– Dominant 1,943 sqm site with 48 metres of frontage
– Modern 929 sqm flagship showroom with 23 car spaces
– Only freestanding Supercheap Auto in Townsville
– Supercheap Auto has tenanted this site for 21 years and completed a significant internal and external refurbishment of the site in 2021
– Super Retail Group: One of Australia’s largest retailers with 690+ stores across Australia and New Zealand, ASX Listed
– Townsville: Capital of North Queensland with a population of more than 200,000 people
– Annual CPI reviews
Net Income: $305,000 pa + GST
Property Features
- Retail
- Land is 1,943 m²
- Floor Area is 929 m²
Commercial Features
Highlight 1
ASX Listed Tenant
Highlight 2
Rare Freestanding Supercheap Auto
Highlight 3
Large 1,943 site on major arterial
