Sold
Retail

4/119 Toolooa Street South Gladstone, QLD 4680

Sold for $1,231,000 on 2 May 2025
  • Building/Land: 1,757m²
Agents

Sold By

  • Loading...

Retail in South Gladstone

LONG 8 YEAR LEASE - FOODWORKS SUPERMARKET

  • Building/Land: 1,757m²
  • 10 year lease to June 2032 plus options to 2042.
  • Net income: $85,361.14* (exc GST), exc turnover rent.
  • Fixed 2.5% annual rent increases.
  • Turnover rent of 3% above annual base rent.
  • Massive 1,757m2* floor area across two levels
  • Strategic position within southern growth corridor, close to schools, childcare and sports club

*approximately

Building:

1,757m²

Land:

1,757m² / 0.43 acres

Zone:

Neighbourhood Centre

Tenancy:

Tenanted

4/119 Toolooa Street, South Gladstone, QLD 4680