Property ID: L5099331 |
"Dugan & Co are pleased to present to the market a rare opportunity to purchase a wholly leased investment in the tightly held Eagle Farm/Pinkenba precinct.
Returning $424,899.96* p.a. net income, the subject property has the following key attributes;
- 3,731sqm* total GFA
- 7,000sqm* total site area
- Leased to National Company established in 1961 - Valiant Hire (valiant.com.au)
- Long term Lease till December 2021 + 5 year option.
- Structured annual reviews to CPI or 3% whichever is the lesser.
- Modern building providing further depreciation benefits.
*approximately
The property is located just 8 radial kilometres from the CBD with direct access to the Gateway Motorway, Brisbane Airport, Port of Brisbane and also forms an integral part of the Australian TradeCoast Precinct.
For more information or to arrange in inspection, please contact Paul Dugan from Dugan & Co Property
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