Burgess Rawson is pleased to offer to the market, 109 Gill Street, Charters Towers QLD for sale via our Auction Investment Portfolio 156.
The property has the following investment highlights:
+ Five (5) year lease to November 2025 plus five (5) year option through to November 2030
+ Pizza Hut: the largest pizza chain in the world with more than 17,000 Pizza Hut Restaurants and Delivery Units operating worldwide, generating $12.955 billion in annual revenue
+ Proven long-term successful Pizza Hut business on site since 2010
+ Entry level CBD investment on 880sqm* site with dual street frontage to Gill Street and Church Street, adjoining busy multinational tenants Caltex and McDonald's
+ Strong and certain rental growth with fixed 3% annual rent increases
+ Rare and modern drive-thru, catering to the high demand within the catchment
+ 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: $42,139 pa* + GST (as at 15 November 2022)
To be sold by Investment Portfolio Auction
10:30am AEST Thursday 27 October 2022
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*approx.