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SOLD - North Lakes (Brisbane) - Irreplaceable Location Leased to Nations Market Leader
144 Flinders Parade North Lakes QLD 4509
Investments
Investment
Property No.
Key Property Highlights
Land Area | 1410 sqm |
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Parking | 20+ on site |
Listing 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.