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Retail
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129-141 Eighth Ave, Home Hill
Eighth Avenue, Home Hill
SOLD
Price
1570sqm
Size
retail
Description
- Supermarket -Pharmacy -Bank & Fitness - 4,510 sqm site - Bruce Hwy frontage - Modern 7 yr old centre IGA, Pharmacy, Bank & Other 129-141 Eighth Avenue, Home Hill (Townsville) + Metcash lease to 2029 plus options to 2044 + Modern freehold shopping centre + Only seven (7) years old in high profile location + Prime corner position in the heart of town + Other tenants include Bendigo Bank and a pharmacy + Annual 3% rent increases assuring growth + Building area 1,570sqm + Prominent 4,510sqm site with Bruce Highway frontage + Home Hill: Major agricultural region South of Townsville + Townsville: Economic capital of North Queensland undergoing explosive growth ? over $27B in infrastructure projects currently underway + Net Income $352,488 pa (plus GST) For Sale by Expressions of Interest closing Friday 29th July 2022