Incredible 11.4% Net Yield Tenanted Investment- Middle of the growing Coalfields- Very strong upside!
Home to the only shopping centre in the district, the Dysart Garden Plaza Shopping Centre sits on an expansive 4.03ha bock and incorporates a net lettable area of 3,517m2 with plenty of onsite parking and development opportunities..
With a total of 26 Shops, the centre’s tenancy mix currently includes the likes of IGA, Newsagency/Post Office, Pharmacy, Hairdresser, NAB Bank, Dentist, Giftware and others
The centre is currently just over 50% occupancy with a net rental income of $307,000. Some light upgrades to existing tenancies will attract several prospective tenants who have expressed interest in leasing within the centre, showing tremendous potential upside.
Situated in Dysart, apart of Central Queensland’s Bowen Basin, the town was built to support and service the local mining and agricultural industries. There are currently 4 mining camps within 4kms of the town centre, generating focussed shopping opportunities and an increased population base.
- Properties Qty: 96
- Company: DC Commercial
With over 25 years experience in his own business, Drew Camm has a wealth of knowledge and experience both in business and negotiating. With a vibrant personality, Drew has established DC Commercial, building the business to focus on being innovative, dynamic and providing excellent customer service.
- 0432 055 250