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177-187 Grey Street
St George QLD 4487
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Sold on 24 Jun 2021

177-187 Grey Street St George QLD 4487

  • Factory, Warehouse & Industrial
  • 965 m²
  • Sold

High Yielding, Essential Service, Single Tenant Investment

    + Renewed 3 year lease from 1 May 2021 through to 30 April 2024.
    + Two (2) further three (3) year options through till 2030.
    + Nutrien Ag Solutions is the largest distributor of both farming supplies and fertiliser in Australia.
    + Nutrien Ag Solution's parent company, Nutrien, is the world's largest provider of crop nutrients, feed, crop protection and services with a market cap of $33.907B.
    + A substantial 9,442 sqm corner allotment on the Carnarvon Highway, St George QLD.
    + CPI annual rental reviews with ratchet clause.
    + Important regional branch servicing large area, with the nearest Nutrien Ag Solutions supplier over 111km away.
    + Key industrial area on the Carnarvon Highway, with room to expand and value adding opportunities.
    + St George: Established business and service centre for the Balonne Shire with significant $350m agriculture industry.
    + Net Income $97,439.23 pa + GST

    For Sale by Investment Portfolio Auction
    Wednesday 23 June 2021
    Crown Casino, Melbourne
    Bidding available via phone, online, and in person at Crown Casino Melbourne or at the Hilton Brisbane

    AUCTION

    Auction date and time23/06/2021 10:30
    Auction location177-187 Grey Street, St George QLD

    Property Highlights

    Date Sold24 Jun 2021
    Floor Area965 m²
    Land Area9,442 m²
    ParkingAsk Agent
    Property ID2017024759
    Category
    Last updated  24 Jun 2021
    Map for 177-187 Grey Street St George QLD 4487

    Property Highlights

    Date Sold24 Jun 2021
    Floor Area965 m²
    Land Area9,442 m²
    ParkingAsk Agent
    Property ID2017024759
    Category
    Last updated  24 Jun 2021

    Co-Agents

    Craig Chapman
    Burgess Rawson Queensland
    Call
    0427 110 132
    Beau Coulter
    Burgess Rawson VIC Pty Ltd
    Call
    0413 839 898

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