274 Mulgrave Road,
Westcourt, QLD 4870
Shops & Retail
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Car spaces
Parking info
Property extent
Zoning
Municipality
Tenure type
Sold on
Kelly & Co Property - Brisbane
Level 12, 324 Queen StreetBRISBANE CITY, QLD 4000
274 Mulgrave Road
Westcourt, QLD 4870
Map of 274 Mulgrave Road
Blue Ribbon Fast Food Investment - Renewed 10 Year Head Office Lease
- 10 Year 'Head Lease' + option to 2040
- Prominent corner position adjoining DFO
- 4% Fixed annual rent increases
- Leased to Hungry Jack’s Pty Ltd until March 2030
- Plus 2 x 5 year options to 2040
- Fixed annual 4% rent increases
- Prominent 3,188 sqm corner site adjoining Cairns DFO Centre with 74 tenancies and 1,200+ car spaces
- Successful store with brand new, dual 2 lane drive-thru facility
- 39 on-site car spaces plus waiting bays
- Passing traffic count of approximately 35,000 per day
- 7% turnover rent payable over threshold
- Tenant pays all outgoings as per the lease
- Net Income: $248,432 pa + GST
Auction: 10.30am AEST, Wednesday 24 June 2020
- Plus 2 x 5 year options to 2040
- Fixed annual 4% rent increases
- Prominent 3,188 sqm corner site adjoining Cairns DFO Centre with 74 tenancies and 1,200+ car spaces
- Successful store with brand new, dual 2 lane drive-thru facility
- 39 on-site car spaces plus waiting bays
- Passing traffic count of approximately 35,000 per day
- 7% turnover rent payable over threshold
- Tenant pays all outgoings as per the lease
- Net Income: $248,432 pa + GST
Auction: 10.30am AEST, Wednesday 24 June 2020
Explore property virtually
Video
Property ID: 503553522Last Updated: 20 May 2021
Kelly & Co Property - BrisbaneLevel 12, 324 Queen Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Kelly & Co Property - Brisbane
Other properties you might be interested in based on the location and property type you are looking at.