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Solid Commercial Investment Property 8% Yield Net Income $349,747 P. A - Lease Term 2021Property ID 1111140Quality industrial property built in 2011 holds a 10 year lease of $349,747 net rent per annum until 2021.
High quality multinational tenant - World's largest wheel specialists in heavy equipment
Excellent depreciation available on building - 1688 m2 building on 3341 m2 of land
The tenant has occupied the property for 4 years and the adjoining property for 16 years
State of the art facility with modern offices, 16t & 4t gantry cranes, wash down bays with water recycling system
Excellent location near airport, railway station and highways.
The region has the third largest regional economy in Queensland - only behind Brisbane and Gold Coast
Information Memorandum available on request.
Disclaimer; The Agent does not give any warranty as to errors or omissions, if any, in these particulars, the provided information from the Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.