Freehold Single Tenant Investment
200 Haly Street is a single tenant freehold retail investment in the heart of Kingaroy. The tenant is Kingaroy Motorcycles who have been operating from the premises since 1982.
The building is all on one level and has an impressive internal fitout + large 388 m² underutilized section of land at the rear for future development upside.
Kingaroy Motorcycles has been operating onsite since 1966. The current owner purchased the business in 1982 and then later purchased the building in 1986. The amenities and shop were refurbished approx. 8 years ago.
Lease Terms: 3 + 3 years (commencing at settlement)
Annual Rental Increases: 3% per annum
Site Area: 888 m²
Gross Floor Area: 500 m²
Demographics Overview
Kingaroy is approx. 2.9 hours Northwest of Brisbane. The Region has a population of approx. 10,074 residents and covers a total land area of 70.2 km².
Within a 10-minute drive of the subject property there are:
Ã?Æ'Ã?'¢- Residents: 11,377
Ã?Æ'Ã?'¢- Average growth last 5 years: 0.54% vs QLD 1.54%
Ã?Æ'Ã?'¢- Average age: 38.99 vs QLD 38.61
Ã?Æ'Ã?'¢- Households: 4,866
Ã?Æ'Ã?'¢- Median household income: $84,528 vs QLD $102,179
Ã?Æ'Ã?'¢- Median Monthly Mortgage: $1306 vs $1919 QLD
The building is all on one level and has an impressive internal fitout + large 388 m² underutilized section of land at the rear for future development upside.
Kingaroy Motorcycles has been operating onsite since 1966. The current owner purchased the business in 1982 and then later purchased the building in 1986. The amenities and shop were refurbished approx. 8 years ago.
Lease Terms: 3 + 3 years (commencing at settlement)
Annual Rental Increases: 3% per annum
Site Area: 888 m²
Gross Floor Area: 500 m²
Demographics Overview
Kingaroy is approx. 2.9 hours Northwest of Brisbane. The Region has a population of approx. 10,074 residents and covers a total land area of 70.2 km².
Within a 10-minute drive of the subject property there are:
Ã?Æ'Ã?'¢- Residents: 11,377
Ã?Æ'Ã?'¢- Average growth last 5 years: 0.54% vs QLD 1.54%
Ã?Æ'Ã?'¢- Average age: 38.99 vs QLD 38.61
Ã?Æ'Ã?'¢- Households: 4,866
Ã?Æ'Ã?'¢- Median household income: $84,528 vs QLD $102,179
Ã?Æ'Ã?'¢- Median Monthly Mortgage: $1306 vs $1919 QLD