Freestanding National Tenant Investment - SOLD

SOLD - UNDER THE HAMMER

- Fully leased building to National Tenant
- 4 warehouse units within 1 freehold title property
- All units leased
- The main tenant (KT Cabling) is on a 3yr lease
- Lease expiry 1 July 2025
- Net rental return $230,599 + GST per annum
- Tenants pay 100% outgoings (rates, water, insurance, land tax, management).
- Construction is tilt panel concrete with extra high 8m ceilings
- Total building area is 1,327m2 (approx) plus 319m2 approved awning with roller door
- Site land area is 2,082m2

This property is situated in the Ormeau Industrial District. This light industrial area is well positioned as a mid point and services both Brisbane and the Gold Coast. Notar Drive is close to and has quick access to the M1.

Urgent Circumstances Committed Seller Meets The Market