16/15 Sinclair Street, ARUNDEL QLD 4214
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- Industrial / Warehouse
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- 27 Oct 2016
Tenanted Investment Returning Solid Yield
Coldwell Banker Commercial Property Group are pleased to offer 16/15 Sinclair Street, Arundel for sale as a tenanted investment. The tenant is an online clothing company trading internationally who specialises in women's fashion.
- Strong lease covenants to established company
- Nett lease - tenant pays for all outgoings
- 5 year lease with a 5 year option (commenced 01/10/2016)
- 410sqm of total building area
- 299sqm of warehouse
- 111sqm of mezzanine storage
- Functional complex with onsite parking
Arundel is renowned as a commercial, industrial and retail hub situated at the northern end of the Gold Coast. The precinct has undergone substantial growth as there has been an emphasis to move to the area to directly service surrounding suburbs and markets. Properties within the area are becoming tightly held, driven by a high demand and a shortage of land available. The area is accessed via major arterial roads leading to and from the M1 Motorway.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
16/15 Sinclair Street ARUNDEL