Rare Liquor Legends Investment on Commanding Corner Drive-Thru Site
Burgess Rawson is pleased to offer to market the Liquor Legends located at 169 High Street, Berserker (Rockhampton) QLD for sale via our Investment Auction Portfolio 158.
The property has the following investment highlights:
+ Net lease to 2027 with further options to 2036
+ Landlord favourable CPI reviews from the commencement of first option
+ Liquor Legends: one of Australia’s largest retail groups, with over 350 outlets consisting of both drive-thru’s and walk-in retail bottle shops across the nation
+ Commanding 802sqm* corner drive thru-site, with dual street frontage to High Street and Dean Street
+ Strong trading store with tenant undertaking a substantial fit-out investment of $150,000*, showcasing the long-term commitment to the site
+ 137sqm* NLA shopfront with drive thru access available from both High Street and Dean Street
+ Strategic location on main thoroughfare within Rockhampton’s residential growth corridor, with the population forecast to grow 20% to 99,664 residents by 2041
+ Within close proximity to numerous commercial and retail amenities including 1.5km* from Stockland Rockhampton underpinned by Kmart, KFC, McDonald's and 190 other specialty tenants
+ Rockhampton: logistical hub of central Queensland with a diverse economy underpinned by resource and agriculture, generating $84.5 billion annually (2021)
+ Net Income: $28,618 pa * + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 23 February 2023
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*approx.
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