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66-68 Mcdowall Street
Roma QLD 4455
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Sold on 12 Dec 2023

66-68 Mcdowall Street Roma QLD 4455

  • Shop & Retail
  • 377 m²
  • Sold

All offers over $950,000 will be considered

  • Blue Chip Investment
  • Long Term Committed Tenant
  • Annual compounding rent increases

McGees Property Brisbane Metro Sales are appointed as Exclusive agents to offer For Sale 68 McDowall Street, Roma QLD.

This property, anchored by a blue-chip tenant, Westpac Banking Corporation, represents a unique and unparalleled investment opportunity. Its prime central location on the town's main road, combined with its advantageous positioning near Roma's primary shopping complex and airport, makes it a standout asset in the region. The property promises both immediate returns and long-term growth, making it an essential acquisition for discerning investors.

Benefits and Features of the Property:

• Blue Chip Tenant: Westpac Banking Corporation, a leading and trusted name in the banking sector.
• Prime Central Location: Advantageously situated on the town's main road, ensuring high visibility and accessibility.
• Steady Income: A net income of $90,000 pa* + GST as of 13/09/2023.
• Guaranteed Income Growth: Annual fixed compounding 3% rent increases.
• Freehold Advantage: 100% freehold property spanning across two lots.
• Strategic Positioning: Located just 90m from Roma's largest and only shopping complex and a mere 2.5km from Roma Airport.
• Banking Exclusivity: One of the few banking branches supporting Roma and all neighboring towns.
• Tenant Benefits: Tenant covers all outgoings, excluding land tax.
• Lease Duration: Property leased until 31.01.2026 with two subsequent five-year options.

*approximately

Please contact us for the information memorandum, access to the due diligence material, and to arrange for an inspection.

Disclaimer: The information contained herein has been obtained from sources which we believe to be reliable and therefore have no reason to doubt their accuracy. The Vendor and the Agent will not be held liable for any error or misdescription which may appear in its contents. Prospective purchasers are advised to undertake their own investigations.

McGees Property Brisbane
McGees Property Brisbane
Level 5/410 Queen St
Brisbane City, QLD 4000

Property Highlights

Date Sold12 Dec 2023
Floor Area377 m²
Land Area425 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Property ID2018800252
Category
Last updated  8 Jan 2024
Map for 66-68 Mcdowall Street Roma QLD 4455
McGees Property Brisbane
McGees Property Brisbane
Level 5/410 Queen St
Brisbane City, QLD 4000

Property Highlights

Date Sold12 Dec 2023
Floor Area377 m²
Land Area425 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Property ID2018800252
Category
Last updated  8 Jan 2024

Co-Agents

Guy Stafford
McGees Property Brisbane
Call
0430 501 732
Gavin Moore
McGees Property Brisbane
Call
0422 222 978

More about 66-68 Mcdowall Street Roma QLD 4455

66-68 Mcdowall Street Roma QLD 4455 is categorized as Shop & Retail Property. It has a floor area of 377 m² and a land area of 425 m². The listing ID for this property is 2018800252.

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