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SOLD - Townsville - High Yielding Asset Leased to ASX Listed Giant - 4,054 sqm Site

190-196 Nathan Street Townsville QLD 4814

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Key Property Highlights

Land Area 4054 sqm
Parking Onsite car park
Listing Status Sold

Cushman & Wakefield is pleased to present to the market 190-196 Nathan Street, Aitkenvale (Townsville) for Sale via Offers to Purchase.

The property has the following key characteristics:

  • Renewed 5 year lease + options to 2032
  • Viva Energy Australia - ASX listed tenant providing one quarter of Australia’s fuel requirements, market capitalisation of $2.8 Billion
  • Shell Coles Express operate a network of 1,250 unmistakable service stations across the country
  • Successful, high profile & strong performing site with tenant in occupation 30+ years
  • Prime location within 300m of major Woolworths/Big W anchored Stockland Townsville Shopping Centre & Coles/Kmart Aitkenvale
  • Seamlessly integrated with major Tavern, Subway/Dominos convenience centre & next to McDonald’s
  • Well configured site with 85m frontage to Bruce Highway & 34,933 vehicles passing daily
  • Townsville - Resilient QLD city boasting a multi-faceted $12.38 Billion economy with a population of 195,032
  • Tenant pays all outgoings incl. Management Fees & excl. Land Tax
  • Minimum 3% annual rent increases
  • Net Income $377,643 pa + GST

For more information please contact the exclusive property professionals at Cushman & Wakefield.

SOLD - Townsville - High Yielding Asset Leased to ASX Listed Giant - 4,054 sqm Site190-196 Nathan StreetTownsville, QLD 4814
190-196 Nathan Street Townsville QLD 4814