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138 Shute Harbour Road
Cannonvale QLD 4802
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138 Shute Harbour Road Cannonvale QLD 4802

  • Shop & Retail
  • 404 m²
  • For Sale, Price on Request

Versatile Convenience Retail Investment | Booming Tourism Hotspot

    Burgess Rawson are pleased to present Metro Petroleum located at 138 Shute Harbour Road, Cannonvale QLD for sale via Expressions of Interest.

    The property has the following investment highlights:

    + Anchored by ten (10) year net lease to Metro Petroleum through to August 2026 plus two (2) further five (5) year options to 2036
    + Metro Petroleum: one of the largest independent service station networks in Australia, with over 300 branded service station outlets across NSW, VIC, QLD and WA
    + Supported by three (3) year net lease to Quick Lube Mechanical
    + Landlord favourable fixed annual reviews with a mixture of fixed 3%, 4% & 5% increases, ensuring future rental growth
    + Investor-preferred net lease structures with the tenants paying all outgoings as per leases (excluding land tax)
    + High profile 1,033sqm* corner site with strong underlying land value
    + 54m* of direct frontage to Shute Harbour Road, a major arterial roadway connecting Airlie Beach to the Bruce Highway with over 21,000 passing vehicles daily*
    + Within immediate proximity of Cannonvale's major retail centre and freestanding national tenants including Bunnings Warehouse, Hungry Jack's & the Coles anchored Whitsunday Shopping Centre
    + Airlie Beach: major QLD tourism precinct the gateway and mainland hub of the famous Whitsunday Islands with over 1 million annual visitors
    + Whitsunday Region: significant growth corridor of North Queensland, with a resident population forecast to grow at an average annual rate of 2.3%
    + Potential Fully Leased Net Income: $154,707 pa* + GST (current $94,633 pa* + GST)

    For Sale via Expressions of Interest closing Thursday 7 November 2024 at 3pm AEST.

    Please contact the exclusively appointed Burgess Rawson team for more information.

    *Approx.

    Burgess Rawson Townsville
    Burgess Rawson Townsville
    Ground Flr/61-73 Sturt St
    Townsville City, QLD 4810

    Property Highlights

    Floor Area404 m²
    Land Area1,030 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019561430
    Category
    Last updated  23 Oct 2024
    Map for 138 Shute Harbour Road Cannonvale QLD 4802
    Burgess Rawson Townsville
    Burgess Rawson Townsville
    Ground Flr/61-73 Sturt St
    Townsville City, QLD 4810

    Property Highlights

    Floor Area404 m²
    Land Area1,030 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019561430
    Category
    Last updated  23 Oct 2024

    Co-Agents

    Neville Smith
    Neville Smith
    Burgess Rawson Townsville
    Call
    0400 068 205
    Michael Hooper
    Michael Hooper
    Burgess Rawson Townsville
    Call
    0488 332 682

    More about 138 Shute Harbour Road Cannonvale QLD 4802

    138 Shute Harbour Road Cannonvale QLD 4802 is categorized as Shop & Retail Property. It has a floor area of 404 m² and a land area of 1,030 m². The listing ID for this property is 2019561430.

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