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144 Flinders Parade North Lakes QLD 4509

  • Retail
  • Land Size1,410 m²
  • PriceFor Sale, Contact Agent (under offer)

Irreplaceable Location Leased to Nations Market Leader

  • Brand new showroom and warehouse
  • Prime North Lakes location
  • Net Income $274,549 pa + GST

Cushman & Wakefield are pleased to present to the market 144 Flinders Parade, North Lakes for Sale via Offers to Purchase.

The property has the following key characteristics:

• 10 year lease to 2029 + options to 2039
• RSEA Pty Ltd - Head lease to Australia’s largest independent safety business with 70+ locations
• Brand new showroom and warehouse offering significant tax depreciation benefits
• Prime location situated next to McDonalds and Taco Bell. 250m from Costco and QLD's largest Bunnings store
• Abundant on site parking with 20+ spaces allocated
• Easily accessible location within direct proximity to key road infrastructure including the Bruce Highway and the Gateway Motorway
• North Lakes - Australia’s award-winning master planned community and QLD’s fastest growing region
• Lease secured by $165,000 bank guarantee
• Tenant pays 100% of all usual outgoings (including Land Tax and Management Fees)
• Fixed 3% or CPI (whichever is greater) annual rent increases
• Net Income $274,549 pa + GST

For more information please contact the Exclusive agents at Cushman & Wakefield.

Property Highlights

Property ID2015150005
Floor AreaAsk Agent
Land Area1,410 m²
Parking20 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
Last updated  17 May 2019
Map for 144 Flinders Parade North Lakes QLD 4509
Cushman & Wakefield Brisbane
Level 11, 123 Eagle Street Brisbane City QLD 4000

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