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ASX Listed National Tenant - Circa 8% Yield

24/547 Woolcock Street, MOUNT LOUISA QLD, 4814

For Sale

Property for Sale in 24/547 Woolcock Street, MOUNT LOUISA QLD, 4814

Burgess Rawson (QLD) Pty Ltd

Level 24, 324 Queen Street, Brisbane, QLD 4000

Listing ID:
11299328
Status:
Active
For:
Sale
Price:
Offers over $1,000,000
Last Updated:
30/08/2019
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Property Type

Industrial/Warehouse/Offices
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Land Area

N/A
Icon size

Floor Area

742 SQM
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Parking

N/A

ASX Listed National Tenant - Circa 8% Yield

5 year lease plus option to 2026
“Spotless Group” listed on the Australian Securities Exchange (ASX) with market cap of $1.33 billion
7 km to the Townsville CBD and 3.5 km from the Townsville Airport
Prime Bruce Highway Frontage with approximately 16,000 passing vehicles per day
Min 3.5% annual rent increases
Tenant pays all outgoings as per the lease
6 months bank guarantee
Building area 742 sqm unit including 156 sqm office
7 on-title car spaces
Townsville is the capital city of Far North Queensland with a diverse economy underpinned by tourism, mining, government and defence
Excellent depreciation benefits
Net Income: $86,380 pa + GST

For sale via Offers to Purchase
Offers over $1,000,000

For more details, please email agent

Burgess Rawson (QLD) Pty Ltd

Level 24, 324 Queen Street, Brisbane, QLD 4000


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