Cleveland, address available on request
- Property No. 503772350
- Show Page Visits
- For Sale
- Expressions of Interest
- Under Contract
Solid Industrial Investment with Triple Net lease
- Brand New Triple Net Lease
- Modern Industrial Building
- Proximity to Redland Hospitals
- Land Area
- 0.44ha (1.08 acres) (approx)
- Floor Area
- 2,877 m²
- Tenure Type
- Tenanted Investment
- Building
- Whole
- Last Updated
- Apr 09, 2021
- Municipality
- Redland City Council
Interested in this property? Contact an Agent today
Level 8, 167 Eagle Street
Brisbane City Qld 4000
Solid Industrial Investment with Triple Net lease
K2 Private Property is excited to present this fully tenanted industrial investment opportunity in Cleveland via Expressions of Interest closing 4pm Thursday 31st March 2021 (AEST).
This is your opportunity to secure an investment grade, industrial property in Brisbane with net income of $345,240p.a. over a 5 + 5 year lease term with 2.5% annual review structure.
Situated in a very popular Moreton Bayside area, this modern industrial property is being sold fully tenanted under a sale and lease back with the following key features:
● Gross floor area of 2,877m2* of tilt panel concrete construction
● Building can easily provide for two independent tenancies
● Total site area of 4,364m2* on a single title
● Solid security offered and market leading tenant profile
● Fenced and gated site with ample on-site car parking
The site is located in Enterprise Estate Cleveland, a small pocket of industrial zoned land, predominantly surrounded by emerging residential estates and two large hospitals. The Estate is twenty-three (23) kilometres east from the Brisbane CBD and only minutes’ drive to Toondah harbour, the major transport hub