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275-283 McDougall Street
Glenvale QLD 4350
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Sold on 18 Sep 2020

275-283 McDougall Street Glenvale QLD 4350

  • Factory, Warehouse & Industrial
  • 7,011 m²
  • Sold, $23,000,000

Multi Award Winning Regional Investment

The LJ Hooker Commercial QLD Investment Team are delighted to present the FKG Group's Australian Head Office to the market for sale via Expressions of Interest closing at 4pm on the 7th of October 2020.

Underpinned by a new 9-year lease to a multi award winning construction and engineering company in FKG, this asset offers the astute investor the rare opportunity to acquire a strategic landholding offering a diverse range of purpose built amenity including a corporate head office and a range of 'best in class' warehouse and hardstand facilities.

Features include:
- Leased to The FKG Group
- Triple net 9-year lease to 2029 with options until 2047
- Outgoings 100% payable by the tenant
- 2.5% annual increases assuring growth
- Gross floor area of 7,011m²
- Strategic land holding comprising 3.5Ha
- Award winning corporate head office and warehouse facility
- 178 exclusive car parks
- NABERS Rating 3.5 Stars

Net Annual Income: $1,550,000* pa + GST

For further details, a copy of the information memorandum or to organise an exclusive inspection please contact Markus Eames or Daniel Cullinane of the LJ Hooker Commercial QLD Investment Team.

Highlights:
* Leased to The FKG Group
* New 9-year triple net lease
* Multi award winning facility

Property Highlights

Date Sold18 Sep 2020
Sold Price$23,000,000
Floor Area7,011 m²
Land Area3.5 ha
EnergyAsk Agent
Parking178 x Onsite parkings
Property ID2016472446
Category
Last updated  9 Nov 2020
Map for 275-283 McDougall Street Glenvale QLD 4350

Property Highlights

Date Sold18 Sep 2020
Sold Price$23,000,000
Floor Area7,011 m²
Land Area3.5 ha
EnergyAsk Agent
Parking178 x Onsite parkings
Property ID2016472446
Category
Last updated  9 Nov 2020
677-683 Ruthven Street Toowoomba QLD 4350

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