119 Musgrave Street,
Rockhampton City, QLD 4700
Shops & Retail • Hotel, Motel & Leisure
Price information
Sold
$1,570,000
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Map of 119 Musgrave Street
Brand New 10 Year Lease - Options to 2037. Trophy Fast Food & Drive Thru - Tenant Occupied 64 Years
- Tenant in occupation 64 years
- 3% annual rental increases
- Over 20,000 vehicles passing daily
- Secure 10 year lease commenced 2017 plus options to 2037
- Tenant pays all usual outgoings as per the lease
- Attractive 3% annual rent increases
- High profile exposure of 20 metre to major six lane arterial (State Route 4) adjoining Red Rooster, gateway to Rockhampton's large format retail and shopping precinct – 20,000+ vehicles passing daily
- Prime 1,852 sqm freehold site with well maintained building and on-site parking for circa 20 vehicles
- Cranston Pies: Established 1953 at this location – Local Icon and dominant wholesaler to the Central QLD region
- Rockhampton: Administrative and commercial centre of central Queensland - Beef capital of Australia with growing population in excess of 100,000
- Rent: $100,000 pa + GST
For Sale - $1,600,000
- Tenant pays all usual outgoings as per the lease
- Attractive 3% annual rent increases
- High profile exposure of 20 metre to major six lane arterial (State Route 4) adjoining Red Rooster, gateway to Rockhampton's large format retail and shopping precinct – 20,000+ vehicles passing daily
- Prime 1,852 sqm freehold site with well maintained building and on-site parking for circa 20 vehicles
- Cranston Pies: Established 1953 at this location – Local Icon and dominant wholesaler to the Central QLD region
- Rockhampton: Administrative and commercial centre of central Queensland - Beef capital of Australia with growing population in excess of 100,000
- Rent: $100,000 pa + GST
For Sale - $1,600,000
Property ID: 502418618Last Updated: 1 May 2018
119 Musgrave Street
Rockhampton City, QLD 4700
Kelly & Co Property - BrisbaneLevel 12, 324 Queen Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
Contact Agency
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Contact Agency
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Shell/Viva Energy, 140-146 Gladstone Road,Rockhampton City, QLD 4700 1 m²Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land
Contact Agent
23 Denham Street,Rockhampton City, QLD 4700 2236 m²Shops & Retail • Medical & Consulting
