274 Mulgrave Road,
Westcourt, QLD 4870
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Kelly & Co Property - Brisbane
Level 12, 324 Queen StreetBRISBANE CITY, QLD 4000
274 Mulgrave Road
Westcourt, QLD 4870
Map of 274 Mulgrave Road
Blue Ribbon Fast Food Investment - Renewed 10 Year Head Office Lease
- 10 Year 'Head Lease' + option to 2040
- Prominent corner position adjoining DFO
- 4% Fixed annual rent increases
- Leased to Hungry Jack’s Pty Ltd until March 2030
- Plus 2 x 5 year options to 2040
- Fixed annual 4% rent increases
- Prominent 3,188 sqm corner site adjoining Cairns DFO Centre with 74 tenancies and 1,200+ car spaces
- Successful store with brand new, dual 2 lane drive-thru facility
- 39 on-site car spaces plus waiting bays
- Passing traffic count of approximately 35,000 per day
- 7% turnover rent payable over threshold
- Tenant pays all outgoings as per the lease
- Net Income: $248,432 pa + GST
Auction: 10.30am AEST, Wednesday 24 June 2020
- Plus 2 x 5 year options to 2040
- Fixed annual 4% rent increases
- Prominent 3,188 sqm corner site adjoining Cairns DFO Centre with 74 tenancies and 1,200+ car spaces
- Successful store with brand new, dual 2 lane drive-thru facility
- 39 on-site car spaces plus waiting bays
- Passing traffic count of approximately 35,000 per day
- 7% turnover rent payable over threshold
- Tenant pays all outgoings as per the lease
- Net Income: $248,432 pa + GST
Auction: 10.30am AEST, Wednesday 24 June 2020
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Property ID: 503553522Last Updated: 20 May 2021
Kelly & Co Property - BrisbaneLevel 12, 324 Queen Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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