Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

For Sale | Retail Investment Property

High Yielding Fast Food & Retail Asset - Long Term Global Tenants

26 Evans Avenue
Mackay, QLD 4740
Australia
Inquire About This Property
Building Size:
674 SQM
Lot Size (SQM):
1988

Cushman & Wakefield is pleased to present to the market 26 Evans Avenue, Mackay for Sale via Auction. The property has the following key characteristics: - Subway - Renewed 7 year lease to 2028 + options - Longstanding tenant of 15+ years - Gloria Jeans - Renewed & extended 8 year lease to 2029 + options - Subway - Worlds largest sandwich chain across 44,000+ locations - Gloria Jeans - Globally recognised café chain in 50+ countries, operating 200+ stores in Australia - Strong performing fast food and retail centre, major tenants in occupation for 15-30+ years - Highly exposed corner site along North Mackay’s busy retail strip of Evans Avenue, home to IGA, Chemist Warehouse, Domino’s, Liquorland & Puma Energy - Dual-street access with ample on-grade & off-street parking recently upgraded by council to handle high demand - Convenient location 1.5 km from Mackay’s CBD with inbound & outbound bus stops on the doorstep of centre - Mackay - Thriving regional centre home to 117,902 residents, possessing a diverse $17.16 Billion economy supported by its globally recognised resource & engineering sector, agribusiness, construction, logistics, education & tourism - Favourable net leases - Tenants pay outgoings as per leases - Annual increases up to 3% - Net Income $235,878 pa + GST The investment is for sale by way of Cushman & Wakefield National Portfolio Auction on Monday 27 September at 1pm. All interested parties will have access to our Live Stream & Online Bidding Platform strictly via prior arrangement. Brisbane Live Stream & Bidding Facilities will be available at the below venue; Brisbane - Dexus Place - Waterfront Place, Level 31, 1 Eagle Street Should you hold interest in bidding on the asset from the above location or via the Online Bidding Platform, please contact the exclusively appointed Cushman & Wakefield property professionals. - Queensland - North
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
MORE OPTIONS
AGREE AND CLOSE
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS