6 Galax Entrance, Townsville (M143)

Brand New 15 Year Net Lease to 2036 + options to 2056 Northshore Car Wash: A proven and successful operator, part of the Sparkletown Car Wash network ? currently in 3 locations with a pipeline of 5 additional locations Guaranteed rental growth, fixed, compounding 3% annual rent increases Prime location opposite Bunnings, Caltex and McDonald?s, excellent exposure to constant high volumes of traffic Growth location with future Stockland Town Centre to be built immediately adjacent to the site plus future Ambulance Service Tenant pays all usual outgoings including management fees Townsville?s economy is thriving with a Gross Regional Product of $12.38 Billion North Shore: Fast emerging township, only 13km to Townsville CBD and 10km to Townsville Airport. North Shore is perfectly positioned for easy access to the major business districts and the RAAF Base Townsville: The capital of North Queensland and Australia?s largest city north of Sunshine Coast with population of 195,430 Net Income: $115,320 pa + GST For Sale by Investment Portfolio Auction 10:30AM (AEDT) Wednesday 31 March 2021 This property is being sold by auction, or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.