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SOLD
Domino's Pizza, 201 First Street, GERALDTON, WA, 6530
Tenanted Investment
DETAILS
Entry Level Fast Food Investment
  • Only Domino's in Geraldton
  • Renewed 6 Year Lease to 2023
  • Attractive 3.5% Annual Rent Increases

+ Renewed 6 year lease to 2023 plus option to 2028.

+ Fixed annual 3.5% increases.

+ The current tenant is a successful Dominoes franchisee building a network of seven stores since 2012.

+ Tenant pays all usual outgoings including Land Tax.

+ Modern building with on-site car parking.

+ Gateway location opposite busy Bunnings Warehouse and only 250 metres from the $28.3 million Geraldton Homemaker Centre.

+ Prime 1,012 sqm* corner site with huge exposure to 17,000+ vehicles passing daily.**

+ Geraldton: Major Economic, Mining, Tourism, Aquaculture & Agriculture Hub including Australia’s largest grain export terminal. By 2036, the City of Geraldton’s population is forecast to grow 47% to 56,103.***

+ Net Rent: $60,937 pa* + GST

To be sold by Burgess Rawson Investment Portfolio Auction

Tuesday 10th August 2021

Bidding available via phone, online, and in person at the Hilton Brisbane or remotely at our Perth and Canberra state offices, and the offices of participating conjunctional agents.

*approx.

**GapMaps

***Forecast.id

Remember to mention you found this property on CommercialReady.com.au

PROPERTY SUMMARY
Auction:
Price on Request
AUCTION DATE:
10 Aug 2021 10:30AM
FLOOR AREA:
120 m² (*approx)
Land Size:
1012 m² (*approx)
Type:
Retail, Child/Healthcare, Other, Cafe/Restaurant, Cafe/Restaurant
Tenanted Investment:
Entry Level Fast Food Investment
LOCATION
Property Map
FOR SALE PROPERTIES IN THE AREA
SOLD PROPERTIES IN THE AREA
AGENCY DETAILS
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