105 Gill Street,
Charters Towers City, QLD 4820
Shops & Retail • Other
Key property information
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CBRE - QLD
Level 3, 1 Eagle StreetBRISBANE CITY, QLD 4000
105 Gill Street
Charters Towers City, QLD 4820
Map of 105 Gill Street
Ultra Rare Ground Lease to Multinational Retail Giant
- Entry level fuel investment
- 100% of outgoings recoverable
- Prime position in Charters Towers CBD
Burgess Rawson is pleased to offer to the market, 105 Gill Street, Charters Towers QLD for sale via our Auction Investment Portfolio 156.
The property has the following investment highlights:
+ Renewed five (5) year ground lease to EG Fuelco to 2027, plus three (3) x five (5) year options to 2042
+ EG Group: multinational fuel and convenience retailer with $32.4 billion annual revenue and 6,000+ locations globally
+ High profile 908sqm* CBD corner site with 58.5m* of direct frontage to Gill Street and dual street access via Church Street
+ Landlord friendly ground lease - EG Group pay all outgoings as per lease
+ Easily managed, zero landlord repair and maintenance obligations
+ Favourable CPI rent reviews (last review 7.3%)
+ 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: $95,133 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEST Thursday 27 October 2022
The Hilton, Brisbane
*approx.
The property has the following investment highlights:
+ Renewed five (5) year ground lease to EG Fuelco to 2027, plus three (3) x five (5) year options to 2042
+ EG Group: multinational fuel and convenience retailer with $32.4 billion annual revenue and 6,000+ locations globally
+ High profile 908sqm* CBD corner site with 58.5m* of direct frontage to Gill Street and dual street access via Church Street
+ Landlord friendly ground lease - EG Group pay all outgoings as per lease
+ Easily managed, zero landlord repair and maintenance obligations
+ Favourable CPI rent reviews (last review 7.3%)
+ 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: $95,133 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEST Thursday 27 October 2022
The Hilton, Brisbane
*approx.
Charters Towers City, 4820 demographic data
The median household income for Charters Towers City is $1,078, 28% lower than Regional Queensland's household income of $1,507. Charters Towers City has a similar age profile compared to the rest of Regional Queensland (median age 41). Property ownership data shows 38% of property owners in Charters Towers City have a mortgage.
2,219
Population
$1,078 per week
Median household income
41 years
Median age
Owners
Most residents
Families
Most households
CBRE - QLDLevel 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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