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5 - 7 Booth Avenue Tannum Sands, QLD 4680

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5 - 7 Booth Avenue,
Tannum Sands, QLD 4680

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BRAND NEW AND BLUE CHIP RETAIL INVESTMENT LEASED TO ASX LISTED COVENANT

- Brand new Coles Express with 10+10+10+10 year triple net lease (including land tax)
- First service station in Tannum Sands - opposite Tannum Central Shopping Centre (Coles)
- Strong population growth within the Gladstone region of 67,905 (2.83% pa)
- Secure income stream with significant depreciation benefits
- Net income $320,000 p.a with attractive 3.25% annual increases


FOR SALE BY EXPRESSIONS OF INTEREST CLOSING AT 5PM ON THURSDAY 6 OCTOBER 2016

Property ID: 502089070Last Updated: 21 Sep 2017

04880590...
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5 - 7 Booth Avenue
Tannum Sands, QLD 4680
CBRE - Brisbane
Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
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