Rockhampton Amart

1. Unrivalled Income Security
2. Leased to Amart Furniture on a 8 year initial lease term, currently reflecting a passing lease term certain (by income) of 4.6* years, supported by a 5 year option.
3. Strong Landholding
4. Large 1.16Ha landholding with over 50metres of frontage to Yaamba Road (Bruce Highway) – Yaamba Road stretches for 37km from the beginning of North Rockhampton through to Yaamba. 
5. Attractive Rent Reviews
6. The asset provides significant capital growth potential with Amart tied to fixed annual 3.00% annual increases.
7. Occupancy Profile
8. 100% leased to Amart – with 68 stores across Australia and more than 2,000 employees nationwide, Amart boasts a strong online presence, offering e-commerce capabilities alongside its physical stores.
9. Future Proof
10. Adaptable building design with ample onsite parking, supported by accessible ingress and egress points of Yaamba Road (Bruce Highway).
11. Tightly Held Retail Precinct
12. The asset is situated in the key Large Format Retail precinct in Rockhampton’s north. Surrounded by a mix of multi-national retailers, the strategic location further adds to Amart’s impressive trade.

*Approximately

AMART ROCKHAMPTON IS BEING OFFERED FOR SALE BY WAY OF AN EXPRESSIONS OF INTEREST CAMPAIGN CLOSING Thursday the 10^th of October 2024 at 4pm (AEST)

Please get into contact with the below sales agents.