48 Bell-Are Avenue, NORTHGATE QLD 4013
Expression of Interest closing soon
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- Industrial / Warehouse
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- 25 Oct 2016
High Quality Investment
CBRE are delighted to offer 48 Bell-Are Avenue, Northgate as marketing agents for sale by way of Expressions of Interest closing soon.
A secure income stream to a quality tenant with excellent underlying property fundamentals. We encourage your participation in this outstanding investment offering in what is a very tightly held market.
KEY INVESTMENT FUNDAMENTALS:
- Lease to Provet Pty Ltd - a leading national company
- Lease tenure: 5 years as at 20th June 2016
- Net Income: $673,330.00 approximately (less land tax)
- Passing Income: $710,568.00 approximately
- Security: 6 month Bank Guarantee
KEY PROPERTY FEATURES:
- 4,700sqm* building
- 800sqm* all weather awning
- Two level corporate office
- Three street access
- Concrete tilt panel construction
- Purpose built in 2006
For further information including the full investment Information Memorandum, please contact agents Nick Witheriff or Edward Bull of CBRE.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
48 Bell-Are Avenue NORTHGATE