Property ID: L5100562 |
"North Lakes is one of the most strategically located and highly sought after industrial/commercial precinct's, situated directly adjacent to the Bruce Highway and major retail amenities including IKEA, Cosco, Westfield Northlakes and Bunnings.
81 Flinders Parde is perfectly positioned in the heart of the North Lakes Business Park and is easily accessible to major roads and business centres. This investment property offers two tenancies returning $347,138 p.a. across two free standing properties. The property is well serviced by a broad range of local amenities and is a short drive off the Bruce Highway and Diamond Jubilee Way.
The property boasts the following features:
• JD Lighting – 7 year lease to 28 April 2026
• Return-It – 4.5 year lease to 31 October 2023
• JD Lighting – High performing retailer of lighting and fan goods with consistent sales growth and expansion
• Return-it – Government initiative supported organisation, 100+ locations
• Brand new development with 1,297sqm* on net lettable area across 2 freestanding buildings offering significant tax deprecation benefits
• Prime location situated amongst numerous national retailers and fast food only 650m from Costco and QLD’s largest Bunnings
• North Lakes - Australia’s award winning master planned community and QLD’s fastest growing region
• Lease secured by approximately 6 months’ rental bank guarantee
• Tenants pay all usual outgoings
• Fixed 3% & 3.5% annual rent increases
• Net Income $347,138 pa + GST
For more information or to organise an inspection please contact Dugan & Co."
