15-19 Hervey Range Road,
Thuringowa Central, QLD 4817

* Brand new 8.5 year lease to Pizza Hut Franchisee/Operator, expiring 31/10/2024 plus options to 2034.
* CPI annual increases.
* Purpose built Pizza Hut restaurant constructed in 1993.
* Building area 472sqm*
* Land area 2,953sqm* with 73m* frontage to Hervey Range Road.
* Highly strategic location at the entrance to large sub-regional shopping centre, the Willows
* Traffic count 15,892* vehicles daily
* Willows sub-precinct also includes McDonald's, Hungry Jacks, Supercheap Auto, Pet Barn, Centrelink and more
* Willows anchored by Woolworths, Coles, Target and Big W.
* Pizza Hut is the largest pizza chain in the world with more than 12,000 Pizza Hut Restaurants and Delivery Units operating worldwide. Approximately 270 stores are located in Australia.
Pizza Hut was founded in 1958 and is a subsidiary of Yum! Brands, Inc., the world's largest restaurant company.
* Townsville North Queensland Region has a population of approximately 233,907 with annual population growth of approximately 2.4%.
* Rent: $132,278 pa net + GST
* Outgoings: 100% rates recovered from tenant

For sale via Expression of Interest closing 4pm Thursday 19 May 2016

Contact Kim Addison at Colliers International to obtain the Information Memorandum and arrange inspections.

Kim Addison
0417 457 547
kim.addison@colliers.com

*all areas and measurements are approximate only
**boundary outlines in photos are indicative only