High Yielding - 11 Year Lease Plus Options to 2051

Description

+ Prime exposure on major arterial road
+ Long standing tenant operating over 20 years
+ Metco lease commenced 1 July 2020 expiring 30 September 2031 with 4 x 5 year options
+ Fuel plus mechanical workshop & convenience store
+ High profile 1,029m2 corner site
+ Fully refurbished with new fibreglass lined tanks & 30 year guarantee
+ Fixed 3% annual rent increases
+ Tenants pay 100% of outgoings as per the leases including land tax
+ Ipswich 30 mins to Brisbane CBD with population of 190,125 increasing to 520,000 in the next 24 years
+ Net Income $292,077 pa plus GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 31 March 2022
The Hilton Brisbane

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Contact agents
Craig Chapman Sales Executive
0427 110 132
Peter Uebergang
0488 008 975
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Silkstone, QLD

134-136 Blackstone Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 151

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