Commonwealth of Australia Facility

Description

+Secure 15 Year Lease to the Commonwealth of Australia to 2026, plus options through to 2036
+An essential state-of-the-art facility servicing the Gold Coast International Airport and the wider local region
+Rare 4.25% annual rent increases, with a market review at each option and a 10% cap and collar clause
+Attractive net lease structure with the tenant responsible for all usual outgoings including unrestricted land tax and management fees
+Expansive 9,474 sqm corner site situated in a busy industrial precinct
+Constructed in 2011, providing significant depreciation benefits
+Modern single level building incorporating offices, admin and other facilities
+Strategically situated within an emerging industrial precinct, next to Storage King and metres from the Stone & Wood brewery
+Easily managed “set and forget’ premium investment with Federal Government guaranteed income
+Total building area of 738 sqm plus a further 233 sqm of awning areas*
+Tweed Shire Council: High growth area with population forecast to grow by 22% to 120,000 people by 2031**
+Net Income: $448,905 pa + GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Tuesday 2 August 2022
Sydney Opera House

*approx

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Contact agents
Justin Kramersh Senior Sales Associate
0460 349 605
Kieran Bourke Partner
0417 418 007
Dean Venturato Consultant
0412 840 222
Enquiry Form

South Murwillumbah, NSW

46 Honeyeater Circuit

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 154

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