Australian Federal Police K9 Facility | Priced To Be Sold

Description

Burgess Rawson is pleased to offer to the market, AFP Machans Beach for sale via Private Treaty.

The property has the following investment highlights:

+ 15 year double net lease to the Australian Federal Police (AFP) to 2028, plus options through to 2038
+ An essential, high security state-of-the-art K9 facility servicing the Cairns International Airport
+ Rare 4.25% fixed annual rent increases, assuring rental growth
+ Attractive net lease structure with the tenant responsible for outgoings including unrestricted land tax and management fees
+ Elevated 13,905* sqm site, strategically located at the doorstep of the Cairns International Airport
+ Constructed in 2013, providing significant depreciation tax benefits
+ Strategically located on Machans Beach Road, a major road linking Machans Beach with the Captain Cook Hwy which services 32,500+ vehicles daily**
+ Modern single level building incorporating offices, admin, veterinary and other facilities
+ Easily managed “set and forget’ premium investment with Federal Government guaranteed income
+ The AFP has delivered a significant blow to organised crime by restraining more than $600 million in criminal assets in three years, ahead of the five-year target set by Commissioner Reece Kershaw***
+ Cairns: gateway to Australia’s Great Barrier Reef, economic output of $10.33 billion and Australia’s 5th largest regional city with a rapidly growing population of 168,449 people****
+ Net Income: $523,584 pa* + GST

To be sold via Private Treaty.

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.
**gap maps
***afp.gov.au
**** Cairns Regional Council

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Contact agents
Neville Smith Partner
0400 068 205
Justin Kramersh Senior Sales Associate
0460 349 605
Michael Hooper Sales Executive
0488 332 682
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Machans Beach, QLD

147-153 Machans Beach

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 156

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