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40-42 Stuart Drive, IDALIA, QLD, 4811
Idalia
Burgess Rawson is pleased to offer to market 40-42 Stuart Drive, Idalia (Townsville) QLD, for sale via Offers to Purchase.
This opportunity has the following key investment highlights:
+ Anchored by recent ten (10) year lease to Red Rooster to 2032 plus options to 2042
+ Supported by brand new eight (8) year lease to Pizza Hut and new five (5) year lease to Tobacconist
+ Landlord favourable rental growth with a mix of fixed annual and CPI increases
+ Crave-able Brands: powerhouse Australian fast food holding company and owner of the Red Rooster Brand, with over 580 restaurants across a national network
+ Pizza Hut: world’s largest pizza chain with over 12,000 stores worldwide
+ 382sqm* NLA shopfront with a modern configuration incorporating drive-thru facility and ample on-site parking for 22 car spaces
+ Recently refurbished shopfront paid for partially by Red Rooster showing strong tenant commitment and increased depreciation for the incoming landlord
+ Situated 1.75km* from Lavarack Barracks, Australia’s largest battalion base, with over 7,000 personnel stationed on-site
+ Strategically positioned 2,343sqm* freehold site in the renowned Otto Market Precinct surrounded by national retailers McDonald's, BP, Subway, Nando's, Cellarbrations and numerous specialty tenants
+ The Precinct: purpose-built food and beverage retail centre located 5km* from the Townsville CBD, designed to cater to the growing population of Fairfield Waters
+ Located on the main arterial of Stuart Drive, with exposure to 23,500* passing vehicles daily
+ Townsville: economic capital of North Queensland with over $27 billion in infrastructure projects underway and population forecast to grow by 54% by 2041
+ Net Income: $235,376 pa* + GST
For Sale 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
Burgess Rawson is pleased to offer to market 40-42 Stuart Drive, Idalia (Townsville) QLD, for sale via Offers to Purchase.
This opportunity has the following key investment highlights:
+ Anchored by recent ten (10) year lease to Red Rooster to 2032 plus options to 2042
+ Supported by brand new eight (8) year lease to Pizza Hut and new five (5) year lease to Tobacconist
+ Landlord favourable rental growth with a mix of fixed annual and CPI increases
+ Crave-able Brands: powerhouse Australian fast food holding company and owner of the Red Rooster Brand, with over 580 restaurants across a national network
+ Pizza Hut: world’s largest pizza chain with over 12,000 stores worldwide
+ 382sqm* NLA shopfront with a modern configuration incorporating drive-thru facility and ample on-site parking for 22 car spaces
+ Recently refurbished shopfront paid for partially by Red Rooster showing strong tenant commitment and increased depreciation for the incoming landlord
+ Situated 1.75km* from Lavarack Barracks, Australia’s largest battalion base, with over 7,000 personnel stationed on-site
+ Strategically positioned 2,343sqm* freehold site in the renowned Otto Market Precinct surrounded by national retailers McDonald's, BP, Subway, Nando's, Cellarbrations and numerous specialty tenants
+ The Precinct: purpose-built food and beverage retail centre located 5km* from the Townsville CBD, designed to cater to the growing population of Fairfield Waters
+ Located on the main arterial of Stuart Drive, with exposure to 23,500* passing vehicles daily
+ Townsville: economic capital of North Queensland with over $27 billion in infrastructure projects underway and population forecast to grow by 54% by 2041
+ Net Income: $235,376 pa* + GST
For Sale 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
40-42 Stuart Drive, IDALIA, QLD, 4811
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
