Fitzroy & East, 36 East Street,
Rockhampton City, QLD 4700
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Map of Fitzroy & East, 36 East Street
GOVERNMENT ANCHORED ROCKHAMPTON CBD INVESTMENT
Knight Frank as exclusive agents are pleased to offer for sale 36 East Street, Rockhampton City.
36 East Street, Rockhampton City presents a rare opportunity to acquire a premium, high income-generating commercial asset in the heart of the Rockhampton CBD. Positioned on a prominent 1,988sqm site with dual frontage to both East Street and Fitzroy Street, the property offers exceptional exposure and accessibility within a key commercial and government precinct.
The asset delivers a passing net income of approximately $1,126,400 per annum*, supported by a strong and diversified tenancy profile. Approximately 70% of the building is leased to state and federal government agencies, providing secure and reliable income. Other nationally recognised tenants include Seven Network and AON Corporation.
The building is further enhanced by 52 secure undercover car parks, as well as additional income streams from a large digital signboard and a rooftop billboard.
With over $3,600,000 in capital upgrades completed in recent years, the property is presented to a high standard with minimal near-term capital requirements and boasts a 4-Star NABERS Energy Rating.
This offering represents an outstanding opportunity to acquire a high-quality commercial asset with strong lease covenants, diversified income, and a prime CBD location.
A 100% freehold interest in 36 East Street, Rockhampton is offered for sale via private treaty. For a detailed Information Memorandum, please contact the exclusive selling agents today
*approx
36 East Street, Rockhampton City presents a rare opportunity to acquire a premium, high income-generating commercial asset in the heart of the Rockhampton CBD. Positioned on a prominent 1,988sqm site with dual frontage to both East Street and Fitzroy Street, the property offers exceptional exposure and accessibility within a key commercial and government precinct.
The asset delivers a passing net income of approximately $1,126,400 per annum*, supported by a strong and diversified tenancy profile. Approximately 70% of the building is leased to state and federal government agencies, providing secure and reliable income. Other nationally recognised tenants include Seven Network and AON Corporation.
The building is further enhanced by 52 secure undercover car parks, as well as additional income streams from a large digital signboard and a rooftop billboard.
With over $3,600,000 in capital upgrades completed in recent years, the property is presented to a high standard with minimal near-term capital requirements and boasts a 4-Star NABERS Energy Rating.
This offering represents an outstanding opportunity to acquire a high-quality commercial asset with strong lease covenants, diversified income, and a prime CBD location.
A 100% freehold interest in 36 East Street, Rockhampton is offered for sale via private treaty. For a detailed Information Memorandum, please contact the exclusive selling agents today
*approx
Rockhampton City, 4700 demographic data
2,059
Population
$1,118 per week
Median household income
42 years
Median age
Renters
Most residents
Families
Most households
Fitzroy & East, 36 East Street
Rockhampton City, QLD 4700
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