High Yielding Modern Industrial Investment Leased to Multinational Covenant
Description
Burgess Rawson is pleased to offer to the market, 27 Hawkins Place, Emerald QLD for sale via our Auction Investment Portfolio 156.
The property has the following investment highlights:
+ Renewed five (5) year lease to 2027 plus two further five (5) year options to 2037
+ Greater of CPI or 3.5% annual rent increases, plus ‘ratchet’ provisions at market reviews
+ Tenant pays all usual outgoings including land tax and management fees (capped at 3%)
+ Aggreko: multinational covenant with a global revenue of $1.365 billion, supplying temporary power generation and temperature control equipment
+ Purpose-built industrial facility on large 2,736sqm* site with 10 years of tenure
+ Modern industrial complex with 918sqm* of GLA comprising of 501sqm clear span warehouse, 240sqm skillion and 177sqm of office space
+ Full site concrete hardstand, secure chain wire boundary fencing with ample car parking on-site
+ Emerald: thriving regional centre within Central Highlands generating $6.45 billion gross regional product (GRP)
+ Net Income: $170,000 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEST Thursday 27 October 2022
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*approx.
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Contact agents
Andrew Havig Partner
0478 010 990Craig Chapman Sales Executive
0427 110 132Enquiry Form
Emerald, QLD
27 Hawkins Place
- Sold Price: Contact Agent
This property was sold as part of Portfolio 156