48 Mosman Street,
Charters Towers City, QLD 4820
Shops & Retail • Showrooms & Large Format Retail • Other
Price information
Sale
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$159,300
Number of Tenants
2 Tenants
Tenants / Type
Overflow & Lifeline
Private inspections
to arrange a private inspection.
Map of 48 Mosman Street
Train stations within 5 km of 48 Mosman Street, Charters Towers City, QLD 4820 Distance Charters Towers 1.4 km POWERED BY HERE ©Bus stops within 5 km of 48 Mosman Street, Charters Towers City, QLD 4820 Distance Charters Towers 508 m POWERED BY HERE ©
POWERED BY HERE ©
Offers Circa 10% | High Yielding Retail Investment In Booming Regional Growth Corridor
- Longstanding anchor tenant
- Investment with fixed increases
- Versatile building in CBD
Burgess Rawson is pleased to offer to the market 48 Mosman Street, Charters Towers City QLD for sale via Offers to Purchase.
The opportunity has the following key investment highlights:
+ Dual tenanted investment leased to Uniting Church of Australia (t/a Lifeline) & Oceanic Square Pty Ltd (t/a Overflow)
+ Anchored by a five (5) year lease to Overflow to September 2026 plus options to 2031
+ Overflow: part of the Prices Plus group operating 25+ discount department stores throughout Queensland and New South Wales
+ Supported by a three (3) year head office lease to Lifeline until December 2025
+ Uniting Care (Lifeline): leading provider of social services throughout Australia, supporting 1.4 million people annually with $1.7 billion of revenue reinvested into the community and $2.3 billion in total assets owned
+ Highly sought-after 2,252sqm* site positioned in the heart of the Charters Towers CBD
+ Purpose built 1,100sqm* showroom for Overflow circa 1999
+ Fixed 3% increases across both tenancies, ensuring long term rental growth
+ Low maintenance block construction complex
+ Adjoining 3,643sqm* developable land parcel also available for consideration
+ Located 136km* north-west of Townsville, Charters Towers offers a rich history with an economy underpinned by agriculture, mining and tourism
+ Net Income: $159,300 pa* + GST
For sale via Offers to Purchase.
Please contact the exclusively appointed sales team for more information.
*Approx.
The opportunity has the following key investment highlights:
+ Dual tenanted investment leased to Uniting Church of Australia (t/a Lifeline) & Oceanic Square Pty Ltd (t/a Overflow)
+ Anchored by a five (5) year lease to Overflow to September 2026 plus options to 2031
+ Overflow: part of the Prices Plus group operating 25+ discount department stores throughout Queensland and New South Wales
+ Supported by a three (3) year head office lease to Lifeline until December 2025
+ Uniting Care (Lifeline): leading provider of social services throughout Australia, supporting 1.4 million people annually with $1.7 billion of revenue reinvested into the community and $2.3 billion in total assets owned
+ Highly sought-after 2,252sqm* site positioned in the heart of the Charters Towers CBD
+ Purpose built 1,100sqm* showroom for Overflow circa 1999
+ Fixed 3% increases across both tenancies, ensuring long term rental growth
+ Low maintenance block construction complex
+ Adjoining 3,643sqm* developable land parcel also available for consideration
+ Located 136km* north-west of Townsville, Charters Towers offers a rich history with an economy underpinned by agriculture, mining and tourism
+ Net Income: $159,300 pa* + GST
For sale via Offers to Purchase.
Please contact the exclusively appointed sales team for more information.
*Approx.
Property ID: 504503760Last Updated: 2 May 2024
48 Mosman Street
Charters Towers City, QLD 4820
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