31 Wickham Street,
Gympie, QLD 4570
Shops & Retail
Key property information
Land area
Floor area
Tenure type
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Colliers - Sunshine Coast
Level 5, 57 The EsplanadeCOTTON TREE, QLD 4558
31 Wickham Street
Gympie, QLD 4570
Map of 31 Wickham Street
Large Format Retail Investment Anchored by Supercheap Auto
- Estimated Net Income: $303,436 p.a.*
- Supercheap Auto | Elders Insurance
- Prominent Position High Growth Area
Colliers is pleased to exclusively present for sale 31 Wickham Street, Gympie, a premium large format retail investment on a prominent 3,252sqm* corner site within Gympie’s high growth area.
With over 85% of the income underpinned by two ASX listed tenants (Supercheap Auto and Elders Insurance) and offering a 3.77 year* WALE (by income), the asset is less than 5 years old, minimising any unforeseen capital outlay and delivering a stable income profile with an average rental growth of 3.5%.
Key features of the offering include:
- Secured and de-risked income stream. Estimated net income $303,436 p.a.*
- Fully leased to Supercheap Auto, Elders Insurance (QBE entity) and Gympie Hearing
- Near new improvements with complex constructed by Hutchinson Builders in 2021
- Prominent 3,252sqm* corner holding on main road with exposure to over 34,000 passing cars daily*
- Guaranteed rental growth via favourable rental reviews of CPI, 4% and 4% p.a.
- 3.77 year* WALE (by income) with net lease structures
- Located in high growth Gympie Catchment – Projected 8% increase in population by 2036 and push to see over 140 homes delivered annually
For Sale by Offers to Purchase. Please contact agent.
For further information, or to arrange an inspection, please contact exclusive marketing agents Johnny Gooderham, Jesse Howitt or Nick Dowling
*Approx
With over 85% of the income underpinned by two ASX listed tenants (Supercheap Auto and Elders Insurance) and offering a 3.77 year* WALE (by income), the asset is less than 5 years old, minimising any unforeseen capital outlay and delivering a stable income profile with an average rental growth of 3.5%.
Key features of the offering include:
- Secured and de-risked income stream. Estimated net income $303,436 p.a.*
- Fully leased to Supercheap Auto, Elders Insurance (QBE entity) and Gympie Hearing
- Near new improvements with complex constructed by Hutchinson Builders in 2021
- Prominent 3,252sqm* corner holding on main road with exposure to over 34,000 passing cars daily*
- Guaranteed rental growth via favourable rental reviews of CPI, 4% and 4% p.a.
- 3.77 year* WALE (by income) with net lease structures
- Located in high growth Gympie Catchment – Projected 8% increase in population by 2036 and push to see over 140 homes delivered annually
For Sale by Offers to Purchase. Please contact agent.
For further information, or to arrange an inspection, please contact exclusive marketing agents Johnny Gooderham, Jesse Howitt or Nick Dowling
*Approx
Gympie, 4570 demographic data
11,355
Population
$1,022 per week
Median household income
42 years
Median age
Owners
Most residents
Families
Most households
Colliers - Sunshine CoastLevel 5, 57 The Esplanade
COTTON TREE, QLD 4558
COTTON TREE, QLD 4558
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19 Wickham Street,Gympie, QLD 4570 608 m²Warehouse, Factory & Industrial • Shops & Retail • Development Sites & Land