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Colliers is pleased to exclusively present for sale 31 Wickham Street, Gympie, a premium large format retail investment on a prominent 3,252sqm* corner site within Gympie’s high growth area.
With over 85% of the income underpinned by two ASX listed tenants (Supercheap Auto and Elders Insurance) and offering a 3.77 year* WALE (by income), the asset is less than 5 years old, minimising any unforeseen capital outlay and delivering a stable income profile with an average rental growth of 3.5%.
Key features of the offering include:
- Secured and de-risked income stream. Estimated net income $303,436 p.a.*
- Fully leased to Supercheap Auto, Elders Insurance (QBE entity) and Gympie Hearing
- Near new improvements with complex constructed by Hutchinson Builders in 2021
- Prominent 3,252sqm* corner holding on main road with exposure to over 34,000 passing cars daily*
- Guaranteed rental growth via favourable rental reviews of CPI, 4% and 4% p.a.
- 3.77 year* WALE (by income) with net lease structures
- Located in high growth Gympie Catchment – Projected 8% increase in population by 2036 and push to see over 140 homes delivered annually
For Sale by Offers to Purchase. Please contact agent.
For further information, or to arrange an inspection, please contact exclusive marketing agents Johnny Gooderham, Jesse Howitt or Nick Dowling
*Approx
Remember to mention you found this property on CommercialReady
Colliers is pleased to exclusively present for sale 31 Wickham Street, Gympie, a premium large format retail investment on a prominent 3,252sqm* corner site within Gympie’s high growth area.
With over 85% of the income underpinned by two ASX listed tenants (Supercheap Auto and Elders Insurance) and offering a 3.77 year* WALE (by income), the asset is less than 5 years old, minimising any unforeseen capital outlay and delivering a stable income profile with an average rental growth of 3.5%.
Key features of the offering include:
- Secured and de-risked income stream. Estimated net income $303,436 p.a.*
- Fully leased to Supercheap Auto, Elders Insurance (QBE entity) and Gympie Hearing
- Near new improvements with complex constructed by Hutchinson Builders in 2021
- Prominent 3,252sqm* corner holding on main road with exposure to over 34,000 passing cars daily*
- Guaranteed rental growth via favourable rental reviews of CPI, 4% and 4% p.a.
- 3.77 year* WALE (by income) with net lease structures
- Located in high growth Gympie Catchment – Projected 8% increase in population by 2036 and push to see over 140 homes delivered annually
For Sale by Offers to Purchase. Please contact agent.
For further information, or to arrange an inspection, please contact exclusive marketing agents Johnny Gooderham, Jesse Howitt or Nick Dowling
*Approx
Remember to mention you found this property on CommercialReady
31 Wickham Street, Gympie, QLD, 4570
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
