4/109-111 George Street,
Rockhampton City, QLD 4700
Shops & Retail • Offices • Medical & Consulting
Price information
Sold
Contact Agent
Key property information
Floor area
Car spaces
Zoning
Tenure type
Sold on
Return
Map of 4/109-111 George Street
Sold
- ASX Listed Tenant - 67% of income
- Exposure to over 120,000 vehicles p/week
- 64 Car Parks in the centre
Located on the most visible and highly trafficked corner in the city, Lot 4/111 George Street represents a strong strata-titled retail investment opportunity.
Lot 4 is the largest of the 9 tenancies.
Lot 4 is split into two tenancies Comprising TAB and HomeCorp.
Tabcorp (trading as TAB) underwriting 67% of the tenancy and are Australia's leading gambling/ entertainment group. TAB have a 7 year lease with 2x5 year options with their current (first) term ending Jul 2023.
HomeCorp, a large residential development firm, have leased the balance of the tenancy on a two + two year lease which commenced approx. Dec 2020. Homecorp will be using the tenancy as a sales office for their 1200 lot subdivision, "The Pines'.
A DD package is available upon request, following the signing of an NDA.
Key Words:
Retail Lease / Retail Shopping Centre / Gambling / Shop / School / Highway / Fuel / Queensland / SEQ / Commercial / Rent / High Yield / TABCORP / Rockhampton / Bundaberg / Gympie / Maryborough / Gladstone / Strip Retail / Food
Lot 4 is the largest of the 9 tenancies.
Lot 4 is split into two tenancies Comprising TAB and HomeCorp.
Tabcorp (trading as TAB) underwriting 67% of the tenancy and are Australia's leading gambling/ entertainment group. TAB have a 7 year lease with 2x5 year options with their current (first) term ending Jul 2023.
HomeCorp, a large residential development firm, have leased the balance of the tenancy on a two + two year lease which commenced approx. Dec 2020. Homecorp will be using the tenancy as a sales office for their 1200 lot subdivision, "The Pines'.
A DD package is available upon request, following the signing of an NDA.
Key Words:
Retail Lease / Retail Shopping Centre / Gambling / Shop / School / Highway / Fuel / Queensland / SEQ / Commercial / Rent / High Yield / TABCORP / Rockhampton / Bundaberg / Gympie / Maryborough / Gladstone / Strip Retail / Food
Additional information
External websites
Property ID: 503478398Last Updated: 21 Mar 2024
4/109-111 George Street
Rockhampton City, QLD 4700
Ray White - Metro North43 Nariel Street
ALBION, QLD 4010
ALBION, QLD 4010
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
6/111 George Street,Rockhampton City, QLD 4700 101 m²Shops & Retail • Showrooms & Large Format Retail • Other