Property main details

56

Commercial

  • Sold
  • Retail

Specifications

  • Property Type
    Retail
  • Building
    2164 m2
  • Land
    5995 m2

Supercheap Anchored Centre

Ray White Commercial QLD and Ray White Emerald, as exclusive agents, are pleased to offer for sale by way of Expressions of Interest, The Highlands Centre, 20-28 Hospital Road, Emerald QLD 4720, closing Wednesday 19 May 2021 at 4pm (AEST).

The Highlands Centre comprises a centrally located and high-profile office and retail complex returning $350,878* net per annum, underpinned by a strong 10-year lease to national retailer Supercheap Auto.

The property is located just north of the Emerald CBD and fronts Hospital Road forming part of the Gregory Highway, offering exposure to over 5,000* daily vehicles.

The centre offers a long WALE of 4.65 years by income secured by fixed CPI increases and a diverse tenancy mix. The property is well positioned to directly benefit from a growing regional QLD economy buoyed by increased confidence in the mining and agricultural sectors.

Do not miss this opportunity.

*Approximately

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20-28 Hospital Road Emerald 4720, Queensland
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