344-348 Ingham Road,
Garbutt, QLD 4814
Shops & Retail • Warehouse, Factory & Industrial • Other
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Burgess Rawson Townsville - TOWNSVILLE CITY
Ground Floor, 61-73 Sturt StreetTOWNSVILLE CITY, QLD 4810
344-348 Ingham Road
Garbutt, QLD 4814
Map of 344-348 Ingham Road
Renewed 5 Year Lease to Viva Energy | Blue-Chip $5.4 Billion ASX200 Company
- High profile 2,206sqm* site
- Favourable CPI annual reviews
- 4.5km* to Townsville CBD
Burgess Rawson is pleased to offer to the market 344-348 Ingham Road, Garbutt (Townsville) QLD for sale via our Investment Portfolio 167.
The property has the following investment highlights:
+ Recently renewed five (5) year lease to 2029 plus three (3) further five (5) year options to 2044
+ Viva Energy Limited (ASX: VEA): blue-chip $5.4 billion ASX200 company & Shell’s Australian licensee controlling 20% of the retail fuel market
+ High profile 2,206sqm* truck stop with immediate exposure to a high concentration of heavy vehicles on Ingham Road
+ Strategically located adjacent to Townsville Airport and 4.5km* from the CBD
+ Tenants pays outgoings as per the lease
+ Landlord favourable CPI annual rent reviews
+ Positioned in the heart of Townsville’s Industry and Retail mecca of Garbutt, surrounded by national tenants including McDonald’s, Dan Murphy’s, Coates Hire, Bridgestone, Dulux, Nick Scali, KFC, Repco and Chemist Warehouse
+ Townsville: economic capital of North Queensland with over $27 billion* in infrastructure projects underway and population forecast to grow by 54% by 2041
+ Estimated Net Income: $268,920 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 28 March 2024
The Hilton, Brisbane
Bidder registration required, register at portfolioauctions.com.au
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
The property has the following investment highlights:
+ Recently renewed five (5) year lease to 2029 plus three (3) further five (5) year options to 2044
+ Viva Energy Limited (ASX: VEA): blue-chip $5.4 billion ASX200 company & Shell’s Australian licensee controlling 20% of the retail fuel market
+ High profile 2,206sqm* truck stop with immediate exposure to a high concentration of heavy vehicles on Ingham Road
+ Strategically located adjacent to Townsville Airport and 4.5km* from the CBD
+ Tenants pays outgoings as per the lease
+ Landlord favourable CPI annual rent reviews
+ Positioned in the heart of Townsville’s Industry and Retail mecca of Garbutt, surrounded by national tenants including McDonald’s, Dan Murphy’s, Coates Hire, Bridgestone, Dulux, Nick Scali, KFC, Repco and Chemist Warehouse
+ Townsville: economic capital of North Queensland with over $27 billion* in infrastructure projects underway and population forecast to grow by 54% by 2041
+ Estimated Net Income: $268,920 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 28 March 2024
The Hilton, Brisbane
Bidder registration required, register at portfolioauctions.com.au
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
Property ID: 504534512Last Updated: 2 May 2024
Burgess Rawson Townsville - TOWNSVILLE CITYGround Floor, 61-73 Sturt Street
TOWNSVILLE CITY, QLD 4810
TOWNSVILLE CITY, QLD 4810
Burgess Rawson - BrisbaneLevel 12, 127 Creek Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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