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5/58 Frederick Street, Northgate, Qld 4013

5/58 Frederick Street, Northgate, Qld 4013

Industrial/Warehouse

  • For Sale
  • Contact Agent
  • Expression of Interest

INVESTMENT - BRAND NEW 3 + 3 + 3 YEAR LEASE

  • 3 + 3 + 3 year leaseback
  • Net Rental of $56,780
  • Low maintenance invesetment

  • Floor Area
  • 334 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Jan 16, 2020
  • Parking Comments
  • Ample on-site

Interested in this property? Contact an Agent today

Colliers International - Brisbane

Level 30, 111 Eagle Street

Brisbane City Qld 4000

Jared Conway
Harry Butterfield

INVESTMENT - BRAND NEW 3 + 3 + 3 YEAR LEASE

Colliers International is pleased to offer Unit 5/58 Frederick Street, Northgate. The property offers investors the opportunity to secure a high-quality industrial office/warehouse unit, with a new long term lease to a quality tenant. It is located in a tightly held and rarely available complex of only 5 units. The development was built in 2008 and features dual street cross-overs and drive through access. Construction is a combination of precast concrete panel walls, concrete slab floors and insulated metal deck roofing.

The seller, who currently occupies the unit, will provide a 3 + 3 + 3 year lease commencing at settlement.
Lessee: Leafmesh Pty Ltd trading as Leafshield Gutter Protection (Qld)
Rent: $56,780 net + Outgoings + GST
Outgoings: 100% recoverable
Rent review: 3% or CPI

This property features:
- High quality office/warehouse totalling 334sqm;
- Clearspan warehouse and accessed via an electric container height roller door;
- Strong, established tenant has been operating since 1995;
- All outgoings recoverable from the tenant;
- 9 metre internal clearance;
- Male/Female amenities & shower;
- Located

5/58 Frederick Street, Northgate, Qld 4013

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