Coles Express, 130-132 Edward Street,
Ayr, QLD 4807

Shops & Retail • Showrooms & Large Format Retail

Key property information

Land area

Floor area

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Map of Coles Express, 130-132 Edward Street

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15 Year Triple Net Lease to Coles Express

Coles Express: Subsidiary of Wesfarmers
Annual Fixed 3% Rent Increases
DA Approved Fast Food/Drive Thru Outlet

New 15 year lease to 2029 plus options to 2044.
Coles Express: A subsidiary of Coles Group Limited with 642 outlets and wholly owned by Wesfarmers Limited, an ASX Top 10 Company.
Fixed annual 3% rental increases.
Potential upside: DA approved fast food/drive through outlet.
Strategic CBD site between Coles & Woolworths supermarkets.
Tenant pays all outgoings incl. Land Tax and building insurance.
Significant 2,015 sqm corner site with dual frontage totalling 89m.
Premier retail and commercial zoning.
Ayr is the commercial hub for the Burdekin Delta: Australia's largest sugar producing region.
Substantial depreciation benefits.
Rent: $288,400 pa (as at June 2015).

Auction 11am AEST Wednesday 15 April.
River Room, Crown Casino, Melbourne.

Ayr, 4807 demographic data

The median household income for Ayr is $1,246, 17% lower than Regional Queensland's household income of $1,507. Ayr has an older age profile compared to the rest of Regional Queensland (median age 44 vs 41). Property ownership data shows 38% of property owners in Ayr have a mortgage.

8,603

Population

$1,246 per week

Median household income

44 years

Median age

Owners

Most residents

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Most households