4/109-111 George Street, Rockhampton City, QLD 4700

Retail | Offices | Medical

Sold $1,250,000

  • Property ID: 359395
  • Floor Area: 338m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 338m2 N/A N/A
Sold

Located on the most visible and highly trafficked corner in the city, Lot 4/111 George Street represents a strong strata-titled retail investment opportunity.

Lot 4 is the largest of the 9 tenancies.

Lot 4 is split into two tenancies Comprising TAB and HomeCorp.

Tabcorp (trading as TAB) underwriting 67% of the tenancy and are Australia's leading gambling/ entertainment group. TAB have a 7 year lease with 2x5 year options with their current (first) term ending Jul 2023.


HomeCorp, a large residential development firm, have leased the balance of the tenancy on a two + two year lease which commenced approx. Dec 2020. Homecorp will be using the tenancy as a sales office for their 1200 lot subdivision, "The Pines'.



A DD package is available upon request, following the signing of an NDA.



Key Words:

Retail Lease / Retail Shopping Centre / Gambling / Shop / School / Highway / Fuel / Queensland / SEQ / Commercial / Rent / High Yield / TABCORP / Rockhampton / Bundaberg / Gympie / Maryborough / Gladstone / Strip Retail / Food

Rockhampton City Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $3333 $150 4.49%
Offices $3137 $198 6.32%
Retail $2967 $183 6.17%
This is the average advertised price, rent and yield for Rockhampton City, QLD 4700*
Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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