Stonebridge is pleased to present Reece Bowen (Whitsundays) for sale via National Portfolio Auction on Wednesday 24 September at 11am (AEST).

The asset boasts the following key investment features:

– 10 year lease to 2028 + options to 2038 with CPI annual rent increases

– Reece Plumbing – Wholly owned subsidiary of ASX listed Reece Ltd, Australia’s leading supplier with 900 locations & $9.63 Bn* market cap

– Large 1,733 sqm* site improved by purpose built retail asset with 7 customer car parks & dedicated hardstand area

– Ideal position at the entrance to Bowen and 1.3km* from the Bruce Highway carrying 7,547+ vehicles daily*

– Strategically located on the key thoroughfare leading directly to Bowen CBD alongside KFC, Red Rooster, Subway & Goodyear Autocare

– Whitsundays – Australia’s premier tourist mecca and gateway to Great Barrier Reef, 500,000+* visitors pa.

– Net Income $144,986 pa* + GST

Reece Bowen (Whitsundays) is for sale via National Portfolio Auction on Wednesday 24 September at 11am (AEST).

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Our Ref: Large Format Retail, National Portfolio

Property Code: 1397