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Cash Converters Hervey Bay, 1/129 Boat Harbour Drive, Urraween, QLD, 4655
Tenanted Investment

Property Highlights

Passive National Tenanted Investment | Brand New Net Lease

Michael Feltoe & Lachlan O'Keeffe are pleased to present for sale 1/129 Boat Harbour Drive, a single-tenanted investment on a recently extended 6 year net lease to Cash Converters Hervey Bay.


• A single tenanted passive investment leased to an experienced 36-store Cash Converters operator

• Recently extended 6-year net lease to 2029, with the tenant responsible for all outgoings

• Prime positioning in the high-profile Midway Place LFR Centre, with exposure to over 17,400^ vehicles daily and direct access off Boat Harbour Drive.

• Net Income of $103,071 + GST p.a.


• High-profile 417sqm* building in the heart of Hervey Bay, the commercial heartland of the Fraser Coast region

• Hervey Bay is the largest city in Queensland's Fraser Coast region, with a population of almost 59,000 people, and is tipped to lead population growth in the region over the next 20 years

• At the heart of the Hervey Bay commercial district, with significant traffic-generating amenities including the Stockland Shopping Centre within 250m*.


• An ultra low-maintenance investment, with the tenant responsible for the day-to-day maintenance of the property

• An experienced Cash Converters operator with over 36 stores across Australia

• Fixed 4% rental increases

• ASX-listed Cash Converters are the preeminent personal finance and secondhand retail brand in Australia, with over 150 stores nationwide and over 600 stores worldwide



** 2022 Toowoomba Development Status Report

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STEP 01 Finance type
Commercial Investment Finance
STEP 02 Property Address
Cash Converters Hervey Bay, 1/129 Boat Harbour Drive, Urraween, QLD, 4655
STEP 03 Contact a finance professional

Map: Cash Converters Hervey Bay, 1/129 Boat Harbour Drive, Urraween, QLD, 4655

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