9 Rogers Drive Kingaroy, QLD 4610

Christine Freney from Ray White Commercial CSR and Emily Pendleton from Ray White Commercial NCG are pleased to present 9 Rogers Drive, Kingaroy, to the market for sale. This brand-new, fully leased large-formatretail facility offers investors the opportunity to secure a high-quality asset with a whole-of-site lease to Spotlight and Repco. The property is available for purchase either as a fund-through investment, providing significant stamp duty savings, or as a completed asset with additional costs applicable.

KEY FEATURES
• Prime location within Kingaroy's established bulky goods retail hub
• Fully leased to Spotlight and Repco
• Total site area: 6,383 sqm
• Total building area: 2,760 sqm
• Gross rental income: $615,720 per annum + GST
• 12 months rent-free incentives (paid by the developer)
• Outgoings: $50,532 per annum
• Net rent: $565,188 per annum
• Expected return: 5.5%
• Fund-through investment: $10,276,145
• Land acquisition price: $2,500,000 + GST
• Development costs: $7,776,154, paid by milestone

This is a rare opportunity to secure a fully leased investment in a sought-after retail precinct. For more information, please get in touch.

FOR SALE BY EXPRESSIONS OF INTEREST
To learn more about this exclusive investment opportunity, arrange an inspection or receive a copy of the due diligence pack, please contact exclusive marketing agents Christine Freney or Emily Pendleton.