High Yielding Asset leased to ASX listed subsidiary
Strong 8% return
ASX Listed tenant covenant
3.5 year WALE
Colliers Toowoomba are proud to present 477-483 East Street Warwick to the market for sale.
Features Include: - Leased to a subsidiary of ASX listed GUD Holdings Limited (ASX:GUD) - Lease expiry Nov 2024 with further 5 year option - Nett Lease with Fixed 2.5% reviews - 4,179 sqm Industry zoned Land - 1,441 sqm GFA including 61sqm office, 965 sqm warehouse, 350 sqm awning & 65sqm mezzanine - 1,820 sqm of road base hardstand - Awning was completed in 2020 - Strategic location in Warwick with close proximity to New England Highway
Nett income: $119,160 per annum
FURTHER INFORMATION For a copy of the information memorandum, please contact Dan Dwan of Colliers Toowoomba.
