28 Lower Don Road Bowen QLD 4805

Located on 8349m2 site with Heavy Industrial Zoning located in the Whitsundays North Queensland.
The site has 1070m2 under roof with office facilities and great access for heavy vehicles.
The property is leased to a National Packaging Tenant which has operated from this site for over a 15 year period and is obviously fit for purpose. The tenant is part of the supply packaging network for the Bowen/Gumlu Horticulture/Farming industry which contributes $550M to the annual production of all produce.
All outgoings are paid by the lessee which represents a net secure a passive circa return of 10%.
The existing lease commenced on 4th April 2015 and Expires April 2024 plus 2x2 year options provides great longevity comfort in the investment property.
Outstanding opportunity to secure a great passive investment in the Whitsundays North Queensland

Price $1.6M.