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North Lakes (Brisbane) - Irreplaceable Location Leased to Nations Market Leader

144 Flinders Parade North Lakes QLD 4509

  • 1 620
  • 2 662
  • 7 249
  • 4 476
  • 5 407
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  • 3 558
  • 8 192
For Sale Sold
Branded National Investments
Investment
Property No.

Attributes and Features

Land Area 1410 sqm
Parking 20+ on site
Last Updated Jul 01, 2019
Status Sold

Cushman & Wakefield are pleased to present to the market 144 Flinders Parade, North Lakes for for Sale via Offers to Purchase.

The property has the following key characteristics:

  • 10 year lease to 2029 + options to 2039
  • RSEA Pty Ltd - Head lease to Australia’s largest independent safety business with 70+ locations
  • Brand new showroom and warehouse offering significant tax depreciation benefits
  • Prime location situated next to McDonalds and Taco Bell. 250m from Costco and QLD's largest Bunnings store
  • Abundant on site parking with 20+ spaces allocated
  • Easily accessible location within direct proximity to key road infrastructure including the Bruce Highway and the Gateway Motorway
  • North Lakes - Australia’s award-winning master planned community and QLD’s fastest growing region
  • Lease secured by $165,000 bank guarantee
  • Tenant pays 100% of all usual outgoings (including Land Tax and Management Fees)
  • Fixed 3% or CPI (whichever is greater) annual rent increases
  • Net Income $274,549 pa + GST

For more information please contact the Exclusive agents at Cushman & Wakefield.

North Lakes (Brisbane) - Irreplaceable Location Leased to Nations Market Leader144 Flinders ParadeNorth Lakes, QLD 4509
144 Flinders Parade North Lakes QLD 4509