12-14 George Street Gordonvale QLD 4865

Burgess Rawson is pleased to offer to the market Petstock at 12-14 George Street, Gordonvale QLD for sale via our Investment Portfolio Auction 173.

This opportunity has the following key investment highlights:

+ 15 year net lease to 2037 plus options
+ PETstock: majority owned by Woolworths Group, Aus #1 retailer with sales of 67.9B* in FY24^
+ Landlord friendly net lease, tenant responsible for 100% of all usual outgoings, as per lease
+ Substantial 579sqm* corner freehold with dual street frontage of 49m*, providing valuable exposure
+ Low-Density Residential Zoning, filled with families and in close proximity to dog parks
+ Strategic positioning near essential services including Gordonvale Hospital, and national brands IGA, Woolworths and McDonalds
+ Gordonvale: located in Cairns Regional Council with a population of 175,398 and a GRP of $11.46 billion^^
+ Net Income: $40,845 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 10 December 2024
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information

*Approx
^woolworthsgroup.com.au
^^economy.id