Emily Pendleton of Ray White Commercial Northern Corridor Group is pleased to present 30-32 Price Street, Nambour as a tenanted investment for sale by Private Treaty.
The property is a well presented, easily accessible, freestanding warehouse and is home to national tenant, Rexel, The World's Leading Distributor of Electrical Supplies.
These tenants have occupied the premises since 1999 and still have a long lease in place.
This is a rare opportunity to secure a longstanding, nationally tenanted investment in the heart of Nambour.
Tenant: Rexel Group Australia Pty Ltd
Operational: 20 years in this location
Lease Commencement: 15 July 1999
Lease Expiry: 14 June 2023
Options: 3 x 3
Rental Income: $70,500 per annum
Outgoings: 100% payable by tenant
This property is being sold by the way of Private Treaty for $1,000,000.
For further information or to arrange an inspection please contact Marketing Agent Emily Pendleton.
For more details, please email agent