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77 Bundock Street
Belgian Gardens QLD 4810
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Sold on 30 Aug 2024

77 Bundock Street Belgian Gardens QLD 4810

  • Shop & Retail
  • 250 m²
  • Sold

High Profile Convenience Retail Investment | 30,000 Vehicles Passing Daily*

    Burgess Rawson is pleased to offer to the market the NightOwl located at 77 Bundock Street, Belgian Gardens QLD for sale via Offers to Purchase.

    This opportunity has the following key investment highlights:

    + Ten (10) year net lease to leading national fuel and convenience operator NightOwl to 2032 plus three (3) further five (5) year options to 2047
    + NightOwl: one of Australia's fastest growing and leading independent convenience retailers with over 80 stores nationwide
    + Head office lease to NightOwl Properties
    + High exposure 1,669sqm* corner site located in the CBD fringe offering exceptional visibility to 30,000 vehicles passing daily
    + Investor preferred net lease structure, with the tenant paying all outgoings excluding land tax
    + Strong and certain income growth with fixed annual, compounding 3.5% rent increases
    + Strategic location on one of Townsville's busiest intersections with frontage to main thoroughfare, Bundock Street
    + Belgian Gardens: affluent suburb inbound and located 3km* to Townsville CBD
    + Townsville: economic capital of North Queensland with over $27 billion in infrastructure projects underway and population forecast to grow 45% by 2041
    + Net Income: $275,000 pa* + GST

    For Sale via Offers to Purchase.

    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

    Date Sold30 Aug 2024
    Floor Area250 m²
    Land Area1,669 m²
    ParkingAsk Agent
    Property ID2019029853
    Category
    Last updated  5 May 2024
    Map for 77 Bundock Street Belgian Gardens QLD 4810
    Burgess Rawson Townsville
    Burgess Rawson Townsville
    Ground Flr/61-73 Sturt St
    Townsville City, QLD 4810

    Property Highlights

    Date Sold30 Aug 2024
    Floor Area250 m²
    Land Area1,669 m²
    ParkingAsk Agent
    Property ID2019029853
    Category
    Last updated  5 May 2024

    Co-Agents

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

    More about 77 Bundock Street Belgian Gardens QLD 4810

    77 Bundock Street Belgian Gardens QLD 4810 is categorized as Shop & Retail Property. It has a floor area of 250 m² and a land area of 1,669 m². The listing ID for this property is 2019029853.

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