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Sold in Dec 2024

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Prime Investment Opportunity with Brand New Long Term Lease

1/105 Flinders Parade, NORTH LAKES, QLD, 4509


  • 481 sqm
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Prime Investment Opportunity with Brand New Long Term Lease

1/105 Flinders Parade, NORTH LAKES, QLD, 4509


  • 481 sqm

Prime Investment Opportunity with Brand New Long Term Lease

Property ID: L5101119 |

  • 481 sqm

"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.

1/105 Flinders Parade is perfectly positioned in the heart of North Lakes Business Park and is easily accessible to major roads and business centres. The 481sqm* property is tenanted by nationally renowned company Tyrepower on a brand brand new 7 x 5 x 5 lease, producing an estimated annual net income of $105,000.00 net p.a*. 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:
- Total estimated passing net income of $105,000.00 p.a.*
- Secure well known National tenant on Long Term Lease
- Landmark location opposite Officeworks, Pet Barn, 7 Eleven, etc
- Brand new 7 year lease with options until 2037
- Strong review structures ensuring fixed income growth
- 100% outgoings payable by tenant
- Exclusive on-site parking

For further information please contact Dugan & Co Property.

*Approximately "

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Sold in Dec 2024