109 Gill Street,
Charters Towers City, QLD 4820
Shops & Retail • Other
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Burgess Rawson - Brisbane
Level 12, 127 Creek StreetBRISBANE CITY, QLD 4000
109 Gill Street
Charters Towers City, QLD 4820
Map of 109 Gill Street
Supreme Freehold Fast Food Investment
- Entry Level Drive Thru site in CBD
- Assured growth with 3% annual increases
- Proven long term operator in place
Burgess Rawson is pleased to offer to the market, 109 Gill Street, Charters Towers QLD for sale via our Auction Investment Portfolio 156.
The property has the following investment highlights:
+ Five (5) year lease to November 2025 plus five (5) year option through to November 2030
+ Pizza Hut: the largest pizza chain in the world with more than 17,000 Pizza Hut Restaurants and Delivery Units operating worldwide, generating $12.955 billion in annual revenue
+ Proven long-term successful Pizza Hut business on site since 2010
+ Entry level CBD investment on 880sqm* site with dual street frontage to Gill Street and Church Street, adjoining busy multinational tenants Caltex and McDonald's
+ Strong and certain rental growth with fixed 3% annual rent increases
+ Rare and modern drive-thru, catering to the high demand within the catchment
+ Charters Towers: 136km* south west of Townsville and a logistical hub of North Queensland, where the Flinders Highway and Gregory Development Roads intersect
+ Net Income: $42,139 pa* + GST (as at 15 November 2022)
To be sold by Investment Portfolio Auction
10:30am AEST Thursday 27 October 2022
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*approx.
The property has the following investment highlights:
+ Five (5) year lease to November 2025 plus five (5) year option through to November 2030
+ Pizza Hut: the largest pizza chain in the world with more than 17,000 Pizza Hut Restaurants and Delivery Units operating worldwide, generating $12.955 billion in annual revenue
+ Proven long-term successful Pizza Hut business on site since 2010
+ Entry level CBD investment on 880sqm* site with dual street frontage to Gill Street and Church Street, adjoining busy multinational tenants Caltex and McDonald's
+ Strong and certain rental growth with fixed 3% annual rent increases
+ Rare and modern drive-thru, catering to the high demand within the catchment
+ Charters Towers: 136km* south west of Townsville and a logistical hub of North Queensland, where the Flinders Highway and Gregory Development Roads intersect
+ Net Income: $42,139 pa* + GST (as at 15 November 2022)
To be sold by Investment Portfolio Auction
10:30am AEST Thursday 27 October 2022
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*approx.
Property ID: 504167583Last Updated: 1 Mar 2024
Burgess Rawson - BrisbaneLevel 12, 127 Creek Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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