8 & 9/110 Macquarie Street, Teneriffe QLD 4005

The asset comprises a 257m2* restaurant/ bar trading as The Dalgety Public Housewith approximately 2.5 years remaining on a five year lease. The marketing campaign received 67 enquiries
and was sold under the hammer for $1,910,000 reflecting a 7.21% yield.

There were two bidders who competing for the asset and the end purchaser was a private interstate investor.

Despite consistent commentary about the headwinds facing the retail market, we are continuing to see high levels of enquiry for inner-city retail investments.

*approx