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144 Flinders Parade, North Lakes, Qld 4509

144 Flinders Parade, North Lakes, Qld 4509

Retail Showrooms/Bulky Goods Industrial/Warehouse

  • Sold Contact Agent
  • Mon 01-Jul-19

Irreplaceable Location Leased to Nations Market Leader

  • Brand new showroom and warehouse
  • Prime North Lakes location
  • Net Income $274,549 pa + GST

  • Land Area
  • 1410.00 m² (approx)
  • Floor Area
  • 1 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Jul 11, 2019
  • Car Spaces
  • 20

Interested in this property? Contact an Agent today

Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street

Brisbane City Qld 4000

Mitchell Willett, Cushman & Wakefield - Brisbane
Mitchell Willett

Irreplaceable Location Leased to Nations Market Leader

Cushman & Wakefield are pleased to present to the market 144 Flinders Parade, North Lakes for Sale via Offers to Purchase.

The property has the following key characteristics:
• 10 year lease to 2029 + options to 2039
• RSEA Pty Ltd - Head lease to Australia’s largest independent safety business with 70+ locations
• Brand new showroom and warehouse offering significant tax depreciation benefits
• Prime location situated next to McDonalds and Taco Bell. 250m from Costco and QLD's largest Bunnings store
• Abundant on site parking with 20+ spaces allocated
• Easily accessible location within direct proximity to key road infrastructure including the Bruce Highway and the Gateway Motorway
• North Lakes - Australia’s award-winning master planned community and QLD’s fastest growing region
• Lease secured by $165,000 bank guarantee
• Tenant pays 100% of all usual outgoings (including Land Tax and Management Fees)
• Fixed 3% or CPI (whichever is greater) annual rent increases
• Net Income $274,549 pa + GST

For more information please contact the Exclusive agents at Cushman & Wakefield.

144 Flinders Parade, North Lakes, Qld 4509

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