196A Woolcock Street,
Currajong, QLD 4812
Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Burgess Rawson - Brisbane
Level 13, 241 Adelaide StreetBRISBANE CITY, QLD 4000
04780109...
196A Woolcock Street
Currajong, QLD 4812
Map of 196A Woolcock Street
Trophy Retail Investment with New & Secure Leases to Fast Food Retailers
- All tenancies on brand new leases
- Built 2006 - history of 100% occupancy
- Tenants pay 100% of all usual outgoings
+ Brand new 10 year lease with options to 2042 to Red Rooster, one of Australia’s leading fast food brands
+ Supported by new 5 year leases to Pizza Hut and Kalidad Kebabs
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for all usual outgoings including rates, maintenance, repairs and management
+ High profile 2,002sqm* site fronting Woolcock Street with 70,000 vehicles passing daily
+ Built in 2006 with ideal history of tenure with 100% occupancy and no tenant turnover
+ All three tenants successful, multi-site operators
+ Strong rental growth of CPI & 3% fixed
+ Positioned less than one kilometer from the Castletown Shopping Centre, anchored by Woolworths, Big W and The Reject Shop – currently undergoing a $36 million redevelopment
+ Strategically located within close proximity to various high-profile tenants including McDonald’s, Taco Bell, IGA and Dan Murphy’s
+ Surrounded by important social infrastructure including 17 schools located within 3km* servicing a combined 9441 full-time students
+ Townsville: Economic capital of North Queensland undergoing explosive growth – over $27B in infrastructure projects currently underway
+ Townsville by 2041 is forecasted to have a population of approximately 282,281 people
+ Estimated net income: $231,280* per annum + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 12 May 2022
Hilton Hotel - Level 5
+ Supported by new 5 year leases to Pizza Hut and Kalidad Kebabs
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for all usual outgoings including rates, maintenance, repairs and management
+ High profile 2,002sqm* site fronting Woolcock Street with 70,000 vehicles passing daily
+ Built in 2006 with ideal history of tenure with 100% occupancy and no tenant turnover
+ All three tenants successful, multi-site operators
+ Strong rental growth of CPI & 3% fixed
+ Positioned less than one kilometer from the Castletown Shopping Centre, anchored by Woolworths, Big W and The Reject Shop – currently undergoing a $36 million redevelopment
+ Strategically located within close proximity to various high-profile tenants including McDonald’s, Taco Bell, IGA and Dan Murphy’s
+ Surrounded by important social infrastructure including 17 schools located within 3km* servicing a combined 9441 full-time students
+ Townsville: Economic capital of North Queensland undergoing explosive growth – over $27B in infrastructure projects currently underway
+ Townsville by 2041 is forecasted to have a population of approximately 282,281 people
+ Estimated net income: $231,280* per annum + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 12 May 2022
Hilton Hotel - Level 5
Explore property virtually
Video
Property ID: 504048915Last Updated: 10 Oct 2024
Burgess Rawson - BrisbaneLevel 13, 241 Adelaide Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
More properties from Burgess Rawson - Brisbane
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Taco Bell, 15 Attlee Street,Currajong, QLD 4812 1 m²Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
Contact Agent
77-79 Bowen Road,Rosslea, QLD 4812 1 m²Shops & Retail • Warehouse, Factory & Industrial • Development Sites & Land