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Burgess Rawson - Brisbane

1 Charlotte Close Woree, QLD 4868

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1 Charlotte Close,
Woree, QLD 4868

Medical & Consulting • Shops & Retail

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Burgess Rawson - Brisbane
Craig Chapman
Neville Smith

Burgess Rawson - Brisbane

Level 12, 127 Creek Street
BRISBANE CITY, QLD 4000
Burgess Rawson - Brisbane
1 Charlotte Close
Woree, QLD 4868

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High Profile Bruce Highway Freehold Investment | Fully Leased to Experienced Tenants

  • Fully leased essential service asset
  • 6.5+ year WALE
  • 51,000+ vehicles passing daily
Burgess Rawson is pleased to offer to the market, 1 Charlotte Close, Woree (Cairns) for sale via our Auction Investment Portfolio 154.

The property has the following investment highlights:

+ Anchored by brand new 10 year lease to Southside Veterinary Surgery plus options to 2042
+ New 5 year lease to Anytime Fitness to 2027 plus options to 2037
+ New 5 year lease to Subway to 2027 plus options to 2042
+ Strong and certain rental growth with annual rent increases
+ Outstanding 6.5+ year WALE investment
+ Long-term tenants, with Southside Veterinary Surgery operating since 2000
+ Prime corner location with three street frontage opposite McDonald’s and Southside Shopping Village with convenient access to the Bruce Highway
+ High exposure main road site with 51,000+ vehicles passing daily
+ Large 2,699sqm* site with 41 at-grade car parks
+ Cairns: gateway to Queensland's tropical north and home to 168,853 persons* as at June 2021 and an average growth rate of 1.9% over the past 10 years
+ Net Income: $200,800 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 4 August 2022
The Hilton, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information.

*approx.

Property ID: 504106799Last Updated: 1 Mar 2024

Burgess Rawson - Brisbane
Level 12, 127 Creek Street
BRISBANE CITY, QLD 4000
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