Price information
Sale - Expression of Interest
Contact Agent
Key property information
Land area
Floor area
Parking info
Property extent
Municipality
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$425,739
Number of Tenants
3 Tenants
Tenants / Type
Restaurants
Private inspections
to arrange a private inspection.
Map
Prime CBD Waterfront Retail - 10 year leases
- National Tenants - Busy Cafe Precinct
- Tenants Pay All Outgoings
- Annual CPI Increases
+ Lot 1 – RIBS & RUMPS, 11.5 year lease + options to 2036
+ Lot 2 – COFFEE CLUB, 10 year lease + options to 2034 and PACINOS,10 yr lease + options to 2034
+ Rockhampton’s largest riverfront dining precinct
+ Situated under the Empire Hotel, Rockhampton’s newest apartment hotel complex
+ Award winning development in the heart of the CBD
+ Building area 791m2 plus 196m2 of alfresco dining
+ To be sold in one line or separately
+ Tenants pay outgoings as per the lease
+ Annual CPI rent reviews
+ Rockhampton is Beef capital of Australia with a population of 87,488
+ Forecast to grow to 112,701 by 2036
+ Net Income – Lot 1 -$193,226 p.a. (plus GST), Lot 2 -$232,513 p.a. (plus GST)
For Sale by "Expressions of Interest"
Closing Friday 22 April 2022
+ Lot 2 – COFFEE CLUB, 10 year lease + options to 2034 and PACINOS,10 yr lease + options to 2034
+ Rockhampton’s largest riverfront dining precinct
+ Situated under the Empire Hotel, Rockhampton’s newest apartment hotel complex
+ Award winning development in the heart of the CBD
+ Building area 791m2 plus 196m2 of alfresco dining
+ To be sold in one line or separately
+ Tenants pay outgoings as per the lease
+ Annual CPI rent reviews
+ Rockhampton is Beef capital of Australia with a population of 87,488
+ Forecast to grow to 112,701 by 2036
+ Net Income – Lot 1 -$193,226 p.a. (plus GST), Lot 2 -$232,513 p.a. (plus GST)
For Sale by "Expressions of Interest"
Closing Friday 22 April 2022
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Property ID: 504018307Last Updated: 31 May 2022
Lots 1 & 2/5 East Street
Rockhampton City, QLD 4700
Burgess Rawson - BrisbaneLevel 12, 127 Creek Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
Craig Chapman
Burgess Rawson ConsultantsLevel 7, 140 Bourke Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Glenn Conridge
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