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Sold in Oct 2024

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OUTSTANDING BUILDING + STRONG TENANT + LONG TERM 5+5+5 YEAR LEASE!

1/71 Flinders Parade, NORTH LAKES, QLD, 4509


  • 395 sqm
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$1,200,000

OUTSTANDING BUILDING + STRONG TENANT + LONG TERM 5+5+5 YEAR LEASE!

1/71 Flinders Parade, NORTH LAKES, QLD, 4509


  • 395 sqm

OUTSTANDING BUILDING + STRONG TENANT + LONG TERM 5+5+5 YEAR LEASE!

Property ID: L5107727 |

  • 395 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.

This 395m2* office warehouse industrial unit is located in a brand new complex which sets the bar in terms of quality & functionality & features international franchise tenant, Signarama, on a brand new 5+5+5 Yr lease.

1. Prime location, Brisbane's most sought after Northern Industrial location.
2. Strong tenant part of international franchise, Signarama
3. Brand new 5+5+5 Yr lease returning annual income of $75,000* net p.a. + GST
4. Outgoings 100% paid for by tenants including land tax & property management
5. Modern low maintenance tilt panel building with excellent tax depreciation
6. Strategic location adjacent to Bruce Highway & major retailers
7. Outstanding amenities in the area including: e.g. Banking, food, bus & train public transport plus access via major arterial roads all within close reach.
8. Ample on site parking

*approximately

Investments such as this with strong lease covenant's and massive upside are rarely available. Contact EXCLUSIVE AGENTS, Paul Dugan and Saxon Kettle, of Dugan & Co Property for further details or to arrange an inspection."

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Sold in Oct 2024