15-19 Hervey Range Road,
Thuringowa Central, QLD 4817
Shops & Retail
Price information
Sold
$1,700,000
Detailed listing
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Map of 15-19 Hervey Range Road
BRAND NEW 8.5 YEAR LEASE TO PIZZA HUT OPERATOR
- Entrance to sub-regional shopping centre
- Lease plus options to 2034
- Rental income of $132,278 pa net + GST
* Brand new 8.5 year lease to Pizza Hut Franchisee/Operator, expiring 31/10/2024 plus options to 2034.
* CPI annual increases.
* Purpose built Pizza Hut restaurant constructed in 1993.
* Building area 472sqm*
* Land area 2,953sqm* with 73m* frontage to Hervey Range Road.
* Highly strategic location at the entrance to large sub-regional shopping centre, the Willows
* Traffic count 15,892* vehicles daily
* Willows sub-precinct also includes McDonald's, Hungry Jacks, Supercheap Auto, Pet Barn, Centrelink and more
* Willows anchored by Woolworths, Coles, Target and Big W.
* Pizza Hut is the largest pizza chain in the world with more than 12,000 Pizza Hut Restaurants and Delivery Units operating worldwide. Approximately 270 stores are located in Australia.
Pizza Hut was founded in 1958 and is a subsidiary of Yum! Brands, Inc., the world's largest restaurant company.
* Townsville North Queensland Region has a population of approximately 233,907 with annual population growth of approximately 2.4%.
* Rent: $132,278 pa net + GST
* Outgoings: 100% rates recovered from tenant
For sale via Expression of Interest closing 4pm Thursday 19 May 2016
Contact Kim Addison at Colliers International to obtain the Information Memorandum and arrange inspections.
Kim Addison
0417 457 547
kim.addison@colliers.com
*all areas and measurements are approximate only
**boundary outlines in photos are indicative only
* CPI annual increases.
* Purpose built Pizza Hut restaurant constructed in 1993.
* Building area 472sqm*
* Land area 2,953sqm* with 73m* frontage to Hervey Range Road.
* Highly strategic location at the entrance to large sub-regional shopping centre, the Willows
* Traffic count 15,892* vehicles daily
* Willows sub-precinct also includes McDonald's, Hungry Jacks, Supercheap Auto, Pet Barn, Centrelink and more
* Willows anchored by Woolworths, Coles, Target and Big W.
* Pizza Hut is the largest pizza chain in the world with more than 12,000 Pizza Hut Restaurants and Delivery Units operating worldwide. Approximately 270 stores are located in Australia.
Pizza Hut was founded in 1958 and is a subsidiary of Yum! Brands, Inc., the world's largest restaurant company.
* Townsville North Queensland Region has a population of approximately 233,907 with annual population growth of approximately 2.4%.
* Rent: $132,278 pa net + GST
* Outgoings: 100% rates recovered from tenant
For sale via Expression of Interest closing 4pm Thursday 19 May 2016
Contact Kim Addison at Colliers International to obtain the Information Memorandum and arrange inspections.
Kim Addison
0417 457 547
kim.addison@colliers.com
*all areas and measurements are approximate only
**boundary outlines in photos are indicative only
Additional information
External websites
Property ID: 501916562Last Updated: 13 Jul 2016
07 4722 24...
15-19 Hervey Range Road
Thuringowa Central, QLD 4817
Detailed listing
Colliers - TownsvilleLevel 1, 42 Sturt Street
TOWNSVILLE CITY, QLD 4810
TOWNSVILLE CITY, QLD 4810
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