» »
8.85% NET YIELD – SELLER COMMITTED ELSEWHERE & MUST SELL ...

1-17 Knight Street, PARK AVENUE QLD, 4701

For Sale

Property for Sale in 1-17 Knight Street, PARK AVENUE QLD, 4701

Ray White Commercial Gold Coast

Level 2, 50 Cavill Avenue, Surfers Paradise, QLD 4217

Listing ID:
11348223
Status:
Active
For:
Sale
Price:
Asking Price $6,950,000
Last Updated:
03/10/2019
Icon building

Property Type

Industrial/Warehouse
Icon square

Land Area

19200 SQM
Icon size

Floor Area

3400 SQM
Icon parking

Parking

N/A

8.85% NET YIELD – SELLER COMMITTED ELSEWHERE & MUST SELL - STRONG LEASE – INTERNATIONAL TENANT

Michael Willems of Ray White Commercial Gold Coast, as exclusive agent, is proud to offer this exceptionally opportunity to purchase a quality freehold investment in Rockhampton.

Fantastic opportunity to purchase a quality income producing industrial investment situated in the heart of Rockhampton (right along side the Bruce Highway). The property provides an exceptional covenant underpinned by the GFG Alliance ‘Liberty Steel' for a 10 year term until November 2024 with options.

* Prime position with exposure to Bruce Highway
* Net Income $615,000*p.a. (as of 28.11.19) + GST + Outgoings
* 10 year lease until November 2024 with options (2 x 5yr)
* 3,400*m2 general industrial facility with low site coverage
* Massive 19,200*m2 land holding less than 1km from the Rockhampton City Centre
* Exceptional covenant underpinned by the GFG Alliance - Liberty Steel
* Diverse local economy and core Queensland growth market
* Strong annual reviews structure ensuring income growth.

*Approx

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

For more details, please email agent

Ray White Commercial Gold Coast

Level 2, 50 Cavill Avenue, Surfers Paradise, QLD 4217


More properties from Ray White Commercial Gold Coast
Sold
17 Kamholtz Court, MOLENDINAR QLD, 4214

17 Kamholtz Court...

Industrial/Warehouse
For Lease
108-112 Jonson Street, BYRON BAY NSW, 2481

108-112 Jonson St...

RetailMedical/ConsultingHotel/Leisure
Sold
9 Nesbit Street, SOUTHPORT QLD, 4215

9 Nesbit Street, ...

Land/Development
For Sale
4/176-178 Southern Cross Drive,, BALLINA NSW, 2478

4/176-178 Souther...

Land/Development
For Lease
LABRADOR QLD, 4215

LABRADOR QLD, 4215

Offices
For Lease
4 Sir John Overall Drive, HELENSVALE QLD, 4212

4 Sir John Overal...

RetailMedical/Consulting
More properties from Park Avenue
For Lease
1 Aquatic Place, PARK AVENUE QLD, 4701

1 Aquatic Place, ...

OtherRetail
For Lease
Unit 7/10 Dooley Street, PARK AVENUE QLD, 4701

Unit 7/10 Dooley ...

Retail
For Lease
10 Dooley Street, PARK AVENUE QLD, 4701

10 Dooley Street,...

Showrooms/Bulky GoodsOther
For Lease
Unit 16-18 10 Dooley Street, PARK AVENUE QLD, 4701

Unit 16-18 10 Doo...

Retail
For Sale
1-17 Knight Street, PARK AVENUE QLD, 4701

1-17 Knight Stree...

Industrial/Warehouse
For Lease
1 QTV House, Aquatic Place, PARK AVENUE QLD, 4701

1 QTV House, Aqua...

OfficesMedical/Consulting
Loading...