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2/71 Cerina Circuit
Jimboomba QLD 4280
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Sold on 29 Oct 2020

2/71 Cerina Circuit Jimboomba QLD 4280

  • Shop & Retail
  • 400 m²
  • Sold

Sub $2mil Investment With AAA Grade Covenant

    JLL is proud to exclusively present for sale Bridgestone Jimboomba a high quality investment opportunity with a AAA grade tenant covenant located within a booming SEQ growth corridor.

    Offering 400sqm of mechanical workshop accommodation, the asset is underpinned by a 10 year lease (4 years remaining) with options to Bridgestone Australia a subsidiary of the largest tyre manufacturer in the world, Bridgestone Corporation.

    The property is strategically located in one of QLDs fastest growing regions, forecast to grow by a staggering 5.2% y-o-y through to 2041.

    This investment opportunity is being offered for sale via Offers to Purchase.

    Long term tenant Bridgestone Australia Ltd- subsidiary of the largest tyre manufacturer in the world, Bridgestone Corporation
    Securely leased to December 2024 with options to 2034 and long history of tenure
    Favourable net lease structure- tenant pays 100% of outgoings excl. body corporate
    400sqm* of mechanical workshop accommodation neighbouring strong performing KFC & BP
    Located in one of QLDs fastest growing regions, forecast to grow by a staggering 5.2% y-o-y through to 2041
    Net income of $96,812 per annum*

    Property Highlights

    Date Sold29 Oct 2020
    Floor Area400 m²
    Land AreaAsk Agent
    ParkingOn site parking available
    Building TypeWhole building
    Property ID2016554386
    Category
    Last updated  5 Apr 2021
    Map for 2/71 Cerina Circuit Jimboomba QLD 4280

    Property Highlights

    Date Sold29 Oct 2020
    Floor Area400 m²
    Land AreaAsk Agent
    ParkingOn site parking available
    Building TypeWhole building
    Property ID2016554386
    Category
    Last updated  5 Apr 2021

    Listed by

    JLL Brisbane
    Call
    07 3231 1311

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