Strategic 30,350 sqm* Site
Renewed 8 Year Lease to 2030
Net income $450,000 pa* + GST

• Renewed 8-year lease to 2030
• Xtreme Engineering Pty Ltd: Established 2007 in Gladstone, a highly reputable heavy fabrication and engineering firm providing heavy fabrication, construction, maintenance, and project management for industry, both in Gladstone and nationwide
• Massive 30,350 sqm* site with only 10% site coverage
• Building area: 3,225 sqm* plus 9,200 sqm* of hard stand
• High clearance warehouse comprising 4 workshops with significant infrastructure including 3 gantry cranes (1 x 60 tonne & 2 x 10 tonne), container height sliding doors, air-conditioned offices and amenities
• Substantial on-site car spaces
• Situated 4kms from Gladstone CBD in established industrial precinct
• Tenant pays all outgoings as per the lease including Land Tax and management
• Annual 3% rent increases
• Gladstone: A Central Queensland industrial hub and port city with population of approximately 68,000 people, a $20bn plus economy thriving on heavy manufacturing, LNG, and mining exports, the gateway to the Southern Barrier Reef

For a copy of our detailed property report, please don’t hesitate to make contact with Glenn Conridge on +61 0413 873 337 or email gconridge@cecinvestments.com.au

*Approx.