292-296 Alexandra StreetKawana QLD 4701
Property Details for 292-296 Alexandra St, Kawana
Last Listing description (November 2023)
Burgess Rawson in conjunction with Commercial East Coast Investments are pleased to offer to the market 292-296 Alexandra Street, Kawana (Rockhampton) QLD for sale via an Expressions of Interest Campaign as a part of our Investment Portfolio 164.
This opportunity has the following key investment highlights:
+ Twelve (12) year net lease to August 2029
+ Flender Pty Ltd: leading global supplier generating a net revenue of $2.27 billion* (FY22) & wholly owned subsidiary of multinational private equity firm The Carlyle Group
+ Fixed annual 3% rent increases
+ Tenant pays all outgoings as per lease
+ Substantial 2,528sqm* NLA industrial facility with 31 on-site car spaces and an extensive vendor funded fit out completed in 2021
+ Significant tenant-funded capital investment, with $5 million of upgrades completed in 2018 to improve the facilities infrastructure capabilities
+ Expansive 6,121sqm* full concrete landholding with dual site access & ample hardstand
+ Conveniently located within close proximity to the major road networks that service Rockhampton's thriving economy including Yeppoon Road, Yamba Road & The Bruce Highway
+ Rockhampton: major regional hub with a $5.71 billion gross regional product and a population forecast to increase 17.22% to 98,102 by 2041
+ Net Income: $339,035 pa* + GST
For Sale by Expressions of Interest Campaign
Closing 4pm AEST on Thursday 16 November 2023
Please contact the exclusively appointed Burgess Rawson & Commercial East Coast Investments team for more information
*Approx.
Property History for 292-296 Alexandra St, Kawana, QLD 4701
- 28 Sep 2023Listed for Sale Price on Request
- 24 Oct 2018Sold for $3,300,000
- 02 Oct 2018Listed for Sale Not Disclosed
Recent sales nearby
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0About Kawana 4701
The size of Kawana is approximately 7.6 square kilometres. There are 6 parks, covering nearly 7.8% of the total area. The population of Kawana in 2016 was 4426 people. By 2021 the population was 4434 showing a population growth of 0.2% in the area during that time. The predominant age group in Kawana is 20-29 years. Households in Kawana are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kawana work in a community and personal service occupation.In 2021, 58.90% of the homes in Kawana were owner-occupied compared with 56.90% in 2016.
Kawana has 2,255 properties. Over the last 5 years, Houses in Kawana have seen a 114.60% increase in median value, while Units have seen a 147.54% increase. As at 31 July 2026:
- The median value for Houses in Kawana is $646,717 while the median value for Units is $557,652.
- Houses have a median rent of $580 while Units have a median rent of $420.
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