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Brisbane Industrial Investment - 7 Year Lease to Iconic N...

14 Tombo Street, CAPALABA QLD, 4157

Sold

Property Sold in 14 Tombo Street, CAPALABA QLD, 4157

Burgess Rawson (QLD) Pty Ltd

Level 24, 324 Queen Street, Brisbane, QLD 4000

Listing ID:
11353233
Status:
Sold
Price:
Price on Request
Last Updated:
09/08/2019
Icon building

Property Type

Industrial/Warehouse/Offices
Icon square

Land Area

1045 SQM
Icon size

Floor Area

550 SQM
Icon parking

Parking

N/A

Brisbane Industrial Investment - 7 Year Lease to Iconic National Brand

Direct lease to Lenards Chicken - established 30 years with over 300 stores nationally
Capalaba: tightly held Brisbane bayside suburb only 22 km to Brisbane CBD
Important metropolitan logistics and distribution location
Modern warehouse office building with rare cold storage and freezer room facilities
Substantial tenant fitout costs incurred
Land area 1,045 sqm
Building area 550 sqm
On-site parking for 8 vehicles
Fixed annual 3% rent increases
Tenant pays 100% of outgoings, including Land Tax, as per the lease
Net Income - $153,830 pa + GST (as at October 2019)

Auction: 11am AEST, Tuesday 6 August 2019
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

For more details, please email agent

Burgess Rawson (QLD) Pty Ltd

Level 24, 324 Queen Street, Brisbane, QLD 4000


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