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23 Leichhardt Street, BOWEN, QLD, 4805
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23 Leichhardt Street, BOWEN, QLD, 4805

2. Property Highlights

Prime Corner Convenience Centre | Drive-thru Red Rooster & Subway
  • 7 year leases to 2035 & 2047
  • National fast food tenants
  • Annual CPI and 3.5% rent increases

Burgess Rawson is pleased to offer to the market, 23 Leichhardt Street, Bowen (Whitsundays) for sale via our Auction Investment Portfolio 155.

This investment has the following key investment highlights:

+ Red Rooster drive-thru: 7+7 year lease to 2035

+ Subway: 7+7+7+7 year lease to 2047

+ Additional leases to established hairdresser and tobacconist

+ Annual CPI and 3.5% rent increases

+ High profile 1,162sqm* corner site, with triple retail exposure and frontage totalling 98 metres*

+ Well maintained centre with ample on-site parking

+ Bowen: major agricultural and tourism area, top of the Whitsundays and 40 minutes north of Airlie Beach

+ Net Income: $153,582 pa* + GST

For Sale by Investment Portfolio Auction

10:30am (AEST) Friday 16 September 2022

The Hilton, Brisbane

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

23 Leichhardt Street, BOWEN, QLD, 4805

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4. Due Diligence

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23 Leichhardt Street, BOWEN, QLD, 4805 Bowen
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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