1/13 Central Court Hillcrest QLD 4118

Burgess Rawson is pleased to offer to the market 1/13 Central Court, Hillcrest for sale via our Investment Auction Portfolio 169.

This opportunity has the following key investment highlights:

+ Renewed three (3) year net lease to Lawrence & Hanson to August 2027 with options to 2030
+ Lawrence & Hanson: a subsidiary of Sonepar Group and Australia's leading Electrical Wholesaler with over 170+ stores in Australia
+ Sonepar Group: international electrical giant trading in 40 countries with 2,400 branches (170+ in Australia) and 45,000 associates
+ Landlord friendly net lease structure with tenant paying 100% of outgoings as per lease (including land tax on single unit holding)
+ Site has direct access to the Mount Lindesay Highway, connecting South-East Queensland to Brisbane and beyond, with exposure to 70,000+ vehicles daily*
+ Spacious 420sqm* NLA comprising large warehouse accommodation, mezzanine storage and multiple office spaces
+ Landlord favorable annual CPI reviews
+ 6 on-site car spaces for customers allowing for ease of access
+ Long term tenant in occupation since 2005
+ Conveniently positioned within 200m* from national retailers Boral, EG Ampol, 7-Eleven & Beacon Lighting
+ Located within 500m* from Grand Plaza, anchored by Woolworths, BIG W, Target, Coles, Kmart and 100+ specialty retailers
+ Logan City Council: second fastest growing LGA in South-East Queensland, with the population forecast to increase 47% by 2041 to over 500,000 residents and $1.2 billion committed in future capital works projects*
+ Net Income: $51,500 pa* + GST (as of 1 August 2024)

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 27 June 2024
The Hilton, Brisbane

Bidder registration required, register at portfolioauctions.com.au

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

*Approx.