30 Year Established Industrial Investment

Description

7 Year lease + options to Oct 2031
Tenant pays 100% of outgoings
Net income: $153,830*pa + GST

  • Direct lease to Lenards Chicken – established 30 years with over 300 stores nationally
  • Capalaba: tightly held Brisbane bayside suburb only 22km to Brisbane CBD Important metropolitan logistics and distribution location Modern warehouse office building with rare cold storage and freezer room facilities Substantial tenant fitout costs incurred Land area 1,045sqm
  • Building area 550*sqm
  • On-site parking for 8 vehicles
  • Fixed annual 3% rent increases
  • 6 Months rental bank guarantee
  • Tenant pays 100% of outgoings, including Land Tax, as per the lease

*Approximate

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  • Address: 14 Tombo Street, Capalaba QLD
  • State/county: Queensland
  • Zip/Postal Code: 4157
  • Area: Brisbane Region

Details

Updated on September 4, 2023 at 3:20 am
  • Property ID CECI-3215
  • Property Type Industrial
  • Property Status Sold

Contact Information

Glenn Conridge

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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.