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12 Industrial Avenue, Molendinar QLD 4214

  • Industrial / Warehouse
  • Floor Size7,192 m²
  • PriceFor Sale, Contact Agent (under offer)

NATIONWIDE TOWING & TRANSPORT OPPORTUNITY - QUEENSLAND

  • Fully leased with a WALE of 3.9 Years
  • Passing income of $234,000 p.a Net
  • GLA of 1,673 sqm

CBRE is pleased to offer the Nationwide Towing & Transport Portfolio to market, featuring four Industrial assets across Australia, in major capital cities located at:

10 Ashburn Place, Blackburn, VIC
7 Tollis Place, Seven Hills, NSW
12 Industrial Avenue, Molendinar, QLD
42 & 44 Lancaster Road, Wangara, WA

PORTFOLIO SUMMARY
- 100% leased to Nationwide Towing & Transport Pty Ltd
- Quality covenant, being majority owned by RACV
- Portfolio Income $901,160 p.a net*
- Portfolio WALE of 3.9 years
- Strong annual increases to the greater of CPI or 4.0%
- Portfolio GLA of 6,477 sqm
- Portfolio Site Area of 16,742 sqm*
- The portfolio is available separately or in one line

PROPERTY SUMMARY
- GLA: 1,673 sqm
- Site Area: 7,192 sqm
- Income: $234,000 p.a net
- Lease Term: 5 years
- Commencement Date: 13 September 2017
- WALE: 3.9 years (as at 1 November 2018)
- Options: 2 x 2 years
- Greater of CPI and Annual 4.0% increases

LOCATION
- Approximately 4 kms south west of the Southport CBD
- Established central Gold Coast Industrial Precinct
- Surrounding occupiers include Chemist Warehouse, JJ Richards, Viadux, Highgrove Bathrooms
- Excellent connectivity to surrounding arterial roads

Expressions of Interest closing Thursday 6th December at 3:00pm (AEDT).

*Approx

Property Highlights

Property ID2014781312
Floor Area7,192 m²
Land AreaAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  30 Apr 2019
Map for 12 Industrial Avenue, Molendinar QLD 4214
CBRE Gold Coast
Level 18, 50 Cavill Avenue Surfers Paradise QLD 4217

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