Auction Ended

Central Business Location Entry Level Retail Investment

Shops 16, 17 and 18, 370 Shute Harbour Road, Airlie Beach, 4802, Queensland

Well known central waterfront location in Airlie Beach

(Lot 16,17) Mammas Pizza – Lea...Read More

Auction Information

Auction Ended

Last Bid by Bidder No.


$ 0.00*

Auction Schedule

  • Auction Ended 8 months ago
  • Starts (AEDT) Mon, 21/10/2019 11:00 AM
  • Ends (AEDT) Thu, 24/10/2019 02:00 PM
David Scholes

David Scholes

License No.:238350

Auctioneer In Charge

agency details

Burgess Rawson Queensland | Brisbane, 4000, Queensland

Brisbane, 4000, Queensland

Burgess Rawson Queensland | Jamie  Dewe

Jamie Dewe

  • 0410350273
  • 07 3145 1211

Rents, Rates, Fees

Net Rent : $ $120,652- approx/per Year

Central Business Location Entry Level Retail Investment

Shops 16, 17 and 18, 370 Shute Harbour Road, Airlie Beach, 4802, Queensland

    Well known central waterfront location in Airlie Beach

    (Lot 16,17) Mammas Pizza – Leased until 2023 + opts. to 2033
    3% Annual Increases
    Net Income: $100,652 pa + GST

    (Lot 18) Seoul Chicken – Leased until 2023 + opts. to 2028
    CPI Annual Increases
    Net Income: $20,000 pa + GST

    + Both tenants pay all outgoings as per leases
    + Tenancies sit directly opposite the famous Magnums Tavern And Beer Garden, supplying food to patrons
    + High foot traffic through the centre – 15 tenants providing tourism, food and clothing business’s trading 7 days
    + The Centre provides thoroughfare to Woolworths shoppers linking the two developments
    + Kerb side parking and large public carpark at rear

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