Blue Chip Industrial Asset with 10 year Lease
Cushman & Wakefield on behalf of the vendor is pleased to present to the market for sale a unique opportunity to purchase a brand new blue-chip investment in one of Brisbane’s core industrial locations.
The asset is located within Vanriet’s popular Industrial development features;
• Brand new 10-year lease to monopolised National covenant
• 95% National market share in a $1B+ industry
• Returning $1,168,140pa net + GST with fully recoverable outgoings (Including Land Tax & Property Management)
• Brand new high spec industrial facility with temperature controlled warehouse offering significant tax depreciation benefits
• 2 x freestanding buildings totalling 7,249sqm* of GFA on a 12,230sqm* site across two lots
• Leased secured by a $286,410 bank guarantee
• Strong annual review structure: Greater of 3% or CPI
• Excellent access to all major arterials and transport networks
• Located in one of Australia’s fastest growing Local Government Areas
*Approx.
For further details contact exclusive marketing agents Cushman & Wakefield