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Sold on 6 Dec 2018

30 Spine Street Sumner QLD 4074

  • Industrial / Warehouse
  • 841 m²
  • Sold

Security Of A Dual Tenanted Investment

Raine & Horne Commercial is pleased to present 30 Spine Street, Sumner.

The property is situated approximately 13 radial kilometres from Brisbane CBD, the property is ideally located in the heart of Sumner offering excellent access to all major southern Brisbane transport routes (Ipswich Mwy and Centenary Hwy).

* Two tenants, combined rental income $76,000 Pa Net + GST
* 5 year lease until 2023 and 3 year lease until 2021
* Total lettable area 841sqm*, split between two tenancies
* Each tenancy is on its own title
* Site comprising 2,327sqm fully concreted & sealed Industrial Land
* Tenants pay outgoings as per the leases
* 3% or CPI annual rental increases
* On-site parking for approximately 15* vehicles

Outgoings: Paid by Tenant (approx. $13,597 p/a)

*Note sizes are approx. where indicated

For more information or to request an IM contact Exclusive Agent, Adam Horie from Raine & Horne Commercial.

Property Highlights

Property ID2014684085
Date Sold6 Dec 2018
Floor Area841 m²
Land Area2,327 m²
ParkingAsk Agent
Category
Last updated  9 Nov 2018
Map for 30 Spine Street Sumner QLD 4074
Raine & Horne Commercial Brisbane Southside & Bayside
1652 Ipswich Road Rocklea QLD 4106

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