17 - 27 Cooper St Chinchilla QLD 4413
- Industrial / Warehouse
- 869 m²
- For Sale, Offers Over $1.4 Mil
INVESTMENT OPPORTUNITIES LIKE THESE RARELY EXIST
Rock solid tenant with a new 3 year lease to 28 February 2023, plus options for a further 3 years.
Toll Energy Logistics have committed to a new 3 year lease.
The initial 3 year term is 26/1/20 to 25/1/23 with options for 3 more years to 25/1/26
Toll have leased the property since 2016.
Leased at $140,000 P/A + All Outgoings including Land Tax + GST.
Annual Increases of 3% P/A with a market review at the end of the initial 3 year term
Chinchillas only purpose built Transport Facility.
Prominent 1Ha / 10,000m2 corner block with 2 street access just off the Warrego Highway
Solid 869 Sqm Building with high clearance drive through access
Air Conditioned offices and ample staff facilities
Drive over service pit and hydraulic oil system
Back to Base alarm system & security cameras
Drive through road train access
Drive through external industrial wash bay
Predominantly bitumen hard stand lay down yard
Low maintenance and currently self-managed
Listed at Offers Over $1.4 Mil the Owners are serious about selling this quality investment property.
The Tenant Toll Transport Pty Ltd are an Australian subsidiary of Japan Post Holdings, Australia's largest Logistics Company
Does a 10% Net ROI tick enough boxes for you to inspect this property?
For more details contact Exclusive Marketing Agent Warren Daniells on 0427 468 591.
NB: Prospective purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the above details.
|Floor Area||869 m²|
|Land Area||1 ha|
|Building Type||Whole building|
|Last updated||5 Dec 2019|