1 Charlotte Close, WOREE, QLD, 4868

Burgess Rawson is pleased to offer to the market, 1 Charlotte Close, Woree (Cairns) for sale via our Auction Investment Portfolio 154.

The property has the following investment highlights:

+ Anchored by brand new 10 year lease to Southside Veterinary Surgery plus options to 2042

+ New 5 year lease to Anytime Fitness to 2027 plus options to 2037

+ New 5 year lease to Subway to 2027 plus options to 2042

+ Strong and certain rental growth with annual rent increases

+ Outstanding 6.5+ year WALE investment

+ Long-term tenants, with Southside Veterinary Surgery operating since 2000

+ Prime corner location with three street frontage opposite McDonald’s and Southside Shopping Village with convenient access to the Bruce Highway

+ High exposure main road site with 51,000+ vehicles passing daily

+ Large 2,699sqm* site with 41 at-grade car parks

+ Cairns: gateway to Queensland's tropical north and home to 168,853 persons* as at June 2021 and an average growth rate of 1.9% over the past 10 years

+ Net Income: $200,800 pa* + GST

For Sale by Investment Portfolio Auction

10:30am AEST Thursday 4 August 2022

The Hilton, Brisbane

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

*approx.

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