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Freehold Investment with 10 Year LeaseProperty ID 1536169- 1,300m2 building on 6,360m2 land
- $171,900 net return per annum
- New 10 year lease with options to 2036
- $94,545 cash bond (equivalent to 6 months rent)
- Full net lease incl. land tax and management fees
- Flexible building orientation
- Approval for future building expansion
- Immediate highway access
This highly functional freehold industrial premises has a new 10 year lease to an established fabrication business and is located in the fastest growing shire in the country. Surplus land and an approval for additional building provides much sought after hardstand storage, as well as future expansion potential for the tenant.
Key Information Tenancy Status Currently Tenanted Annual Yield (Gross) N/A (Marketed Without Price) Annual Yield (Nett) N/A (Marketed Without Price) Title Scheme Not Applicable Other Information Council/Shire Moreton Bay Regional Council
The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.
* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.