Share this property

realcommercial.com.au

88 Aumuller Street Portsmith, QLD 4870

Directions

88 Aumuller Street,
Portsmith, QLD 4870

Shops & Retail • Showrooms & Large Format Retail

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Tenure type

Sold on

Map of 88 Aumuller Street

Directions

Brand New 10 + 10 Year Lease to 2037. Secure National Tenant - Unrivaled Triple Net Lease.

  • Fixed 3% annual rental increases
  • Tenant pays 100% outgoings
  • New 10 year lease + option to 2037
- Brand new 10 year lease to 2027 plus option to 2037
- Fixed 3% rent increases providing guaranteed income growth
- Fully refurbished 1,395 sqm tenancy including new upgrades to all major services to the building
- Situated in proven retail and commercial district and surrounded by complementary tenants
- Versatile 2,477 sqm land holding with prominent 36m main road frontage
- Triple net lease: 100% of outgoings paid by the tenant including land tax
- Total Tools: Australian owned trade network in operation for over 25 years with 60+ stores nationwide
- Cairns: regarded as the capital of far north Queensland with an emerging population of approximately 200,000 and large scale domestic and foreign investment
- Net Income: $215,000 pa + GST and Outgoings

Auction 11am AEST Wednesday 28 June 2017
River Room, Crown Casino, Melbourne

Property ID: 502418430Last Updated: 11 May 2021

proptrack logo
This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.
realcommercial.com.au logo
88 Aumuller Street
Portsmith, QLD 4870
Kelly & Co Property - Brisbane
Level 12, 324 Queen Street
BRISBANE CITY, QLD 4000
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.