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92-94 East Street Rockhampton City, QLD 4700

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92-94 East Street,
Rockhampton City, QLD 4700

Shops & Retail • Offices • Other

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A Smart Retail Investment

  • $195,000 Net Annual Income
  • 5-year lease with options until 2034
  • 100% of outgoings paid by the tenant
Transact Property Group are delighted to present 92-94 East Street in Rockhampton to the market for sale via Expressions of Interest.

Underpinned by a brand new 5 year lease with options until 2034, this asset offers the astute investor the rare opportunity to acquire a centrally located CBD retail investment, leased to an established tenant in a thriving regional centre.

Features include:
- Established retail tenant since 2014
- Part of the Woods Retail Group (Six Retail Stores)
- 5-year lease with options until 2034
- 100% of outgoings paid by the tenant (excl. Land Tax)
- 2,122m² in Net Lettable Area
- Critical FIFO location for the Adani Carmichael Mine
- QLD Government recently announced they will invest $1.1b in the region
- Prime CBD location in close proximity to a number of national tenants

Net Income: $195,000* pa + GST

For further details, a copy of the information memorandum or to organise an exclusive inspection please contact Daniel Cullinane of Transact Property Group.

*Approx.

Rockhampton City, 4700 demographic data

The median household income for Rockhampton City is $1,118, 26% lower than Regional Queensland's household income of $1,507. Rockhampton City has an older age profile compared to the rest of Regional Queensland (median age 42 vs 41). Property ownership data shows 45% of property owners in Rockhampton City have a mortgage.

2,059
Population
$1,118 per week
Median household income
42 years
Median age
Renters
Most residents
Families
Most households
07 5353 60...
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92-94 East Street
Rockhampton City, QLD 4700
Transact Property Group - Mooloolaba
Level 3, 41 First Avenue
MAROOCHYDORE, QLD 4558

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