High Profile Trophy Investment
Description
NYSE listed, fortune 500 tenant
Substantial 7,948*sqm site
Net income: $338,408*pa + GST
- 10 year lease to 2023 plus options to 2033
- Penske Power Systems is fully owned by international transportation services company Penske Automotive Group, Inc. capitalised at approximately $26 Billion
- Tenant pays all outgoings, as per lease
- Minimum 2% annual rent increases, or CPI, whichever the greater
- Prime high exposure prominent main road corner position with 88m frontage
- Quality 1,781*sqm building comprising 700*sqm of office space
- Ample on-site car spaces
- 7 km west of the Townsville CBD
*Approximate
Address
Open on Google Maps-
Address: 720 Ingham Road, Mount Louisa QLD
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State/county: Queensland
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Zip/Postal Code: 4814
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Area: Cairns/Townsville
Details
Updated on September 4, 2023 at 3:11 am-
Property ID CECI-3220
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Property Type Industrial
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Property Status Sold
Contact Information
All figures and site boundaries are approximate. All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries and obtain their own independent advice, in order to verify the information.
