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26 Evans Avenue, Mackay, QLD, 4740
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1. Property Summary
Selling Details
Contact Agent
Land Area
1,988 m² (*approx)
Floor Area
674 m² (*approx)
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2. Property Highlights
High Yielding Fast Food & Retail Asset - Long Term Global Tenants
- Tenants in Occupation 15-30+ Years
- Strong Trading Location 1.5 km from CBD
- Net Income $238,252 pa + GST
Cushman & Wakefield is pleased to present to the market 26 Evans Avenue, Mackay for Sale via Auction.
The property has the following key characteristics:
- Subway - Renewed 7 year lease to 2028 + options - Longstanding tenant of 15+ years
- Gloria Jeans - Renewed & extended 8 year lease to 2029 + options
- Subway - Worlds largest sandwich chain across 44,000+ locations
- Gloria Jeans - Globally recognised café chain in 50+ countries, operating 200+ stores in Australia
- Strong performing fast food and retail centre, major tenants in occupation for 15-30+ years
- Highly exposed corner site along North Mackay’s busy retail strip of Evans Avenue, home to IGA, Chemist Warehouse, Domino’s, Liquorland & Puma Energy
- Dual-street access with ample on-grade & off-street parking recently upgraded by council to handle high demand
- Convenient location 1.5 km from Mackay’s CBD with inbound & outbound bus stops on the doorstep of centre
- Mackay - Thriving regional centre home to 117,902 residents, possessing a diverse $17.16 Billion economy supported by its globally recognised resource & engineering sector, agribusiness, construction, logistics, education & tourism
- Favourable net leases - Tenants pay outgoings as per leases
- Annual increases up to 4%
- Net Income $238,252 pa + GST
The investment is for sale by way of Cushman & Wakefield National Portfolio Auction on Monday 27 September at 1pm.
All interested parties will have access to our Live Stream & Online Bidding Platform strictly via prior arrangement.
Brisbane Live Stream & Bidding Facilities will be available at the below venue;
Brisbane - Dexus Place - Waterfront Place, Level 31, 1 Eagle Street
Should you hold interest in bidding on the asset from the above location or via the Online Bidding Platform, please contact the exclusively appointed Cushman & Wakefield property professionals.
Remember to mention you found this property on CommercialReady.com.au
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Tenanted Investment
1. Property Summary
Land Area
1,988 m² (*approx)
Floor Area
674 m² (*approx)
Selling Details
Contact Agent
2. Property Highlights
High Yielding Fast Food & Retail Asset - Long Term Global Tenants
- Tenants in Occupation 15-30+ Years
- Strong Trading Location 1.5 km from CBD
- Net Income $238,252 pa + GST
Cushman & Wakefield is pleased to present to the market 26 Evans Avenue, Mackay for Sale via Auction.
The property has the following key characteristics:
- Subway - Renewed 7 year lease to 2028 + options - Longstanding tenant of 15+ years
- Gloria Jeans - Renewed & extended 8 year lease to 2029 + options
- Subway - Worlds largest sandwich chain across 44,000+ locations
- Gloria Jeans - Globally recognised café chain in 50+ countries, operating 200+ stores in Australia
- Strong performing fast food and retail centre, major tenants in occupation for 15-30+ years
- Highly exposed corner site along North Mackay’s busy retail strip of Evans Avenue, home to IGA, Chemist Warehouse, Domino’s, Liquorland & Puma Energy
- Dual-street access with ample on-grade & off-street parking recently upgraded by council to handle high demand
- Convenient location 1.5 km from Mackay’s CBD with inbound & outbound bus stops on the doorstep of centre
- Mackay - Thriving regional centre home to 117,902 residents, possessing a diverse $17.16 Billion economy supported by its globally recognised resource & engineering sector, agribusiness, construction, logistics, education & tourism
- Favourable net leases - Tenants pay outgoings as per leases
- Annual increases up to 4%
- Net Income $238,252 pa + GST
The investment is for sale by way of Cushman & Wakefield National Portfolio Auction on Monday 27 September at 1pm.
All interested parties will have access to our Live Stream & Online Bidding Platform strictly via prior arrangement.
Brisbane Live Stream & Bidding Facilities will be available at the below venue;
Brisbane - Dexus Place - Waterfront Place, Level 31, 1 Eagle Street
Should you hold interest in bidding on the asset from the above location or via the Online Bidding Platform, please contact the exclusively appointed Cushman & Wakefield property professionals.
Remember to mention you found this property on CommercialReady.com.au
Read More
