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14 Discovery Lane, MOUNT PLEASANT, QLD, 4740
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14 Discovery Lane, MOUNT PLEASANT, QLD, 4740

2. Property Highlights

Fully Leased High Profile Investment | Value Add Opportunity
  • Prominent 5,790sqm* corner highway site
  • Council approved for additional retail
  • Modern showroom with on-site parking

Burgess Rawson is pleased to offer to the market 14 Discovery Lane, Mount Pleasant (Townsville) for sale via Offers to Purchase.

The property has the following investment highlights:

+ Long established national tenants including Choices Flooring, Choices Tiles, First National Real Estate and L’Amour Home Furniture

+ Mostly 5 + 5 year leases

+ Fixed 3.5% annual rent increases

+ Building area: 1,290sqm* plus a 49sqm* storage shed

+ DA approval for two extensions offering an additional 1,077sqm* of lettable area

+ Prominent 5,790sqm* corner site

+ Modern showroom complex with substantial on-site parking

+ Opposite Harvey Norman complex, McDonald's and other national retailers

+ Over 30,000 vehicles passing daily

+ Mackay: one of Queensland’s fastest growing coastal cities and home to over 177,000 residents

+ Net Income: $221,797 pa* + GST

To be sold by Offers to Purchase.

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

*approx.

Remember to mention you found this property on CommercialReady

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Neville Smith
Neville Smith
+61 *** *** *** show +61 400 068 205

3. Property Location

14 Discovery Lane, MOUNT PLEASANT, QLD, 4740

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4. Due Diligence

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14 Discovery Lane, MOUNT PLEASANT, QLD, 4740 Mount Pleasant
Burgess Rawson - Queensland
Burgess Rawson - Queensland
Level 12, 127 Creek Street, Brisbane City QLD 4000
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Neville Smith
Neville Smith
+61 *** *** *** show +61 400 068 205
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