Liquorland, 69 Railway Avenue,
Townsville City, QLD 4810

Shops & Retail • Showrooms & Large Format Retail • Medical & Consulting

Key property information

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Floor area

Property extent

Tenure type

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Map of Liquorland, 69 Railway Avenue

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Entry Level Liquorland Investment

15 Year Lease to Coles Group Limited
Fixed annual 4% rental increases
Tenant pays all usual outgoings

15 year lease to 2021 plus options to 2046.
Guaranteed rental growth – Annual fixed 4% increases.
Liquorland: A growing subsidiary of Coles Group Limited $39.2 billion FY17 revenue including sales from 894 liquor stores.
Tenant pays all usual outgoings.
High profile corner site of 506 sqm.
45m of combined retail frontage plus important dual street access points.
Modern freestanding retail building with on-site car parking.
Metropolitan Townsville location 2km south of the CBD.
Townsville: the capital city of Far North Queensland with a growing population of 190,000+ forecast to grow to 300,000+ by 2036.
Net Rent: $57,632 pa

Auction 11am AEST Wednesday 20 June 2018
River Room, Crown Casino, Melbourne

Townsville City, 4810 demographic data

The median household income for Townsville City is $2,013, 34% higher than Regional Queensland's household income of $1,507. Townsville City has a younger age profile compared to the rest of Regional Queensland (median age 39 vs 41). Property ownership data shows 44% of property owners in Townsville City have a mortgage.

2,945

Population

$2,013 per week

Median household income

39 years

Median age

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Most residents

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Most households