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226 Victoria Street
Mackay QLD 4740
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Sold on 19 Sep 2022

226 Victoria Street Mackay QLD 4740

  • Shop & Retail
  • 1,256 m²
  • Sold

Trophy CBD Automotive Investment | Anchored by Bridgestone

Burgess Rawson is pleased to offer to the market, 226 Victoria Street, Mackay for sale via our Auction Investment Portfolio155.

The property has the following investment highlights:

+ Anchored by a new 5 year net lease to Bridgestone to 2027 plus three further five year options to 2042
+ Bridgestone: Australia's largest tyre retailer with 339 stores nationally and a market cap of AUD $30 billion
+ Supported by a secure 3 year lease to Dance Avenue plus options to 2027
+ Dance Avenue: Mackay's premier dance studio with an outstanding reputation in the Mackay region
+ Multi-tenanted income stream from long term tenants
+ High exposure 1,256sqm* site with dual street frontage
+ Located in the heart of the Mackay CBD meters from the Caneland Central Shopping Centre, anchored by Woolworths, Coles, BIG W, Myer and Target and 200+ specialty retailers
+ Outstanding Rent Reviews: annual CPI rent reviews across both tenancies
+ Mackay: one of Queensland's fastest growing coastal regions and home to over 177,000 residents
+ Net Income: $112,399 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Friday 16 September 2022
The Hilton, Brisbane

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

*approx.
***GapMaps
**** Mackay Airport
*****Mackay Regional Council

AUCTION

Auction date and time16/09/2022 10:30
Auction locationThe Hilton, Brisbane
Burgess Rawson Queensland
Burgess Rawson Queensland
Level 13, 241 Adelaide Street
Brisbane City, QLD 4000

Property Highlights

Date Sold19 Sep 2022
Floor AreaAsk Agent
Land Area1,256 m²
ParkingAsk Agent
Property ID2018014793
Category
Last updated  19 Sep 2022
Map for 226 Victoria Street Mackay QLD 4740
Burgess Rawson Queensland
Burgess Rawson Queensland
Level 13, 241 Adelaide Street
Brisbane City, QLD 4000

Property Highlights

Date Sold19 Sep 2022
Floor AreaAsk Agent
Land Area1,256 m²
ParkingAsk Agent
Property ID2018014793
Category
Last updated  19 Sep 2022

Co-Agents

Craig Chapman
Craig Chapman
Burgess Rawson Queensland
Call
0427 110 132
Neville Smith
Neville Smith
Burgess Rawson Queensland
Call
0400 068 205

More about 226 Victoria Street Mackay QLD 4740

226 Victoria Street Mackay QLD 4740 is categorized as Shop & Retail Property. It has a land area of 1,256 m². The listing ID for this property is 2018014793.

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