6 Galax Entrance, Townsville City, QLD 4810

Brand New 15 Year Net Lease to 2036 + options to 2056
Northshore Car Wash: A proven and successful operator, part of the Sparkletown Car Wash network – currently in 3 locations with a pipeline of 5 additional locations
Guaranteed rental growth, fixed, compounding 3% annual rent increases
Prime location opposite Bunnings, Caltex and McDonald’s, excellent exposure to constant high volumes of traffic
Growth location with future Stockland Town Centre to be built immediately adjacent to the site plus future Ambulance Service
Tenant pays all usual outgoings including management fees
Townsville’s economy is thriving with a Gross Regional Product of $12.38 Billion
North Shore: Fast emerging township, only 13km to Townsville CBD and 10km to Townsville Airport. North Shore is perfectly positioned for easy access to the major business districts and the RAAF Base
Townsville: The capital of North Queensland and Australia’s largest city north of Sunshine Coast with population of 195,430
Net Income: $115,320 pa + GST

For Sale by Investment Portfolio Auction
10:30AM (AEDT) Wednesday 31 March 2021

This property is being sold by auction, or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Remember to mention you found this property on CommercialReady.com.au