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38 Notar Drive
Ormeau QLD 4208
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Sold on 27 Jul 2022

38 Notar Drive Ormeau QLD 4208

  • Factory, Warehouse & Industrial
  • 1,000 m²
  • Sold, $2,700,000

Tenanted Industrial Freehold In Exceptional Location - Brand New 5 Year Lease

  • Brand New 5 Year Lease + Options
  • Tenanted By Insesa Welding
  • Functional 1,000m2* Warehouse

Hudson Kaddatz from Harcourts Coastal Commercial on behalf of the sellers, has the exclusive privilege to offer to the market a secure, freehold industrial investment property tenanted by Insesa, a local Welding Sales, Repairs & Supplies business with over 40 years of combined experience of servicing the industrial sector of South-East QLD. The property sits on a commanding 2,004m²* of land and features over 1,000m²* of functional warehouse space, with a brand new 5 Year Lease in place with 4 x 5 Year Options and 4% annual reviews this property couldn't be more suited to an astute investor. Don't miss out on your opportunity to secure this truly blue-chip investment.

This property is being sold as part of an QLD Wide Industrial Portfolio Sale on behalf of Aitken Welding Supplies, if you have interest in any other properties tenanted by Aitken Welding, please contact Hudson Kaddatz for details on each property.

• Net lettable area of 1000m²* including mezzanine
• 2,004m²* land holding
• Tenanted by 'Insesa', local welding supply, sales & repair business
• Brand New 5 Year Lease + Options to 2047
• Significant net income of $160,000 + GST + Outgoings Per Annum
• Favourable 4% Annual Reviews
• Functional warehouse with high clearance
• Large concrete hardstand space
• 3-phase power throughout the property
• 10kw Solar System
• Side & rear roller door with all-weather awnings, ideal for airflow
• 4 minutes to the M1
• Located between Gold Coast & Brisbane
• Low Impact Industry Zoning

• Contact the exclusive agent Hudson Kaddatz for access to the Data Room and more information.

* Approximately

Disclaimer:
Harcourts Coastal Commercial has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Beyond Commercial Pty Ltd trading as Harcourts Coastal Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property Highlights

Date Sold27 Jul 2022
Sold Price$2,700,000
Floor Area1,000 m²
Land Area2,004 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Property ID2017776504
Category
Last updated  12 Sep 2022
Map for 38 Notar Drive Ormeau QLD 4208

Property Highlights

Date Sold27 Jul 2022
Sold Price$2,700,000
Floor Area1,000 m²
Land Area2,004 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Property ID2017776504
Category
Last updated  12 Sep 2022

Listed by

Hudson Kaddatz
COASTAL ° Commercial
Call
0409589660

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