Foodworks & Subway, Lots 1 & 2/430 Esplanade,
Torquay, QLD 4655
Shops & Retail
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Burgess Rawson - Brisbane
Level 13, 241 Adelaide StreetBRISBANE CITY, QLD 4000
Foodworks & Subway, Lots 1 & 2/430 Esplanade
Torquay, QLD 4655
Map
Two Prime Beachfront Retail Shops
- Foodworks - 10 yr lease to 2029
- Subway - 5yr + 5 yr lease
- Tenants established over 10 years
+ Foodworks: 10 years to 2029 plus options to 2039
+ Net Income: $113,639 pa + GST
+ Subway: 5 years to 2023 plus options to 2033
+ Net Income: $51,033 pa + GST
+ Both tenants established in this location for over 10 years
+ Fixed 3% annual rent increases
+ Rear access, 37 on-site car spaces
+ Busy retail tourism strip opposite beach
+ Hervey Bay: fastest growing seaside city in regional QLD, 3 hours from Brisbane. Trade catchment 107,000+ and 4.3 million visitors annually
NOTE: Foodworks and Subway to be sold individually
For Sale by Investment Portfolio Auction
11am (AEST) Wednesday 29 September 2021
Venue: Crystalbrook Vincent Hotel, 5 Boundary Street, 'Howard Smith Wharves' Brisbane
+ Net Income: $113,639 pa + GST
+ Subway: 5 years to 2023 plus options to 2033
+ Net Income: $51,033 pa + GST
+ Both tenants established in this location for over 10 years
+ Fixed 3% annual rent increases
+ Rear access, 37 on-site car spaces
+ Busy retail tourism strip opposite beach
+ Hervey Bay: fastest growing seaside city in regional QLD, 3 hours from Brisbane. Trade catchment 107,000+ and 4.3 million visitors annually
NOTE: Foodworks and Subway to be sold individually
For Sale by Investment Portfolio Auction
11am (AEST) Wednesday 29 September 2021
Venue: Crystalbrook Vincent Hotel, 5 Boundary Street, 'Howard Smith Wharves' Brisbane
Property ID: 503897670Last Updated: 11 Sep 2024
Burgess Rawson - BrisbaneLevel 13, 241 Adelaide Street
BRISBANE CITY, QLD 4000
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