9 Barter Street Gympie QLD 4570

Shop & Retail
Sold, $410,000

Affordable Optometrist Retail Investment. Recent 7 Year Net Lease.

The Gympie LGA generating $1.9 billion in GRP boasts a large catchment of around 50,000 people.
1 hr drive from Noosa Heads & 2 hrs from Brisbane.
Gympie is serviced by daily trains from Brisbane.
Entry level medical retail investment.
Freestanding two level commercial building with attractive retail area and consulting rooms.
Strategically located adjacent to a medical centre and Supa IGA Supermarket.
Net Income: $26,364 pa + GST.

Recent 7 year leases to 2023 + options to 2028.
Established tenants with strong trading positions.
High profile retail properties in strong capital city and regional locations.
Popular medical retail investment asset class.
Net leases: tenants pay usual outgoings, as per leases.
The tenant, IPIC Pty Ltd, is the owner of George & Matilda Eyecare, a dynamic Australian owned optometry collective.

Investment offerings within this portfolio are (to be sold individually):
Ascot (Brisbane) QLD
Bundaberg QLD
Noosaville QLD
Port Macquarie NSW
Wauchope NSW

AUCTION

Auction date and time	06/12/2016 10:00
Auction location	Doltone House Hyde Park

Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	6 Dec 2016
Sold Price	$410,000
Floor Area	Ask Agent
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2013197544
Category	Shop & Retail
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