Kestrel Coal Portfolio Emerald, Kestrel Coal Portfolio Emerald, Central Queensland

Colliers Brisbane and Knight Frank Rockhampton are extremely proud to offer for the first time, the Kestrel Coal Portfolio, Emerald, Queensland. The portfolio is truly a rare opportunity to acquire  131* residential dwellings in one line, being Australia’s most defensive asset class. All dwellings are being offered for sale with a 7-year leaseback to Kestrel Coal, one of Queensland’s leading mining groups. All properties are situated within Emerald CBD and are mix of quality houses and unit blocks.  

With annuity style income backed by corporate conglomerates and 3%* increases p.a., be a part of Central Queensland’s growth prospects and secure a substantial footprint of over 67,000sqm* land in Emerald.  

Highlights of the property:  

131*residential dwellings in thriving Central Queensland location 

$1,718,000 commencing net rental per annum 

7 year initial term with 7 year option 

Leased to one of Australia’s leading Coal Companies 

Triple net lease structure 

For sale via Expressions of Interest closing Tuesday 20 September 2022, 4pm (AEST).  

Please contact the exclusive agents.  

Remember to mention you found this property on CommercialReady