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 485-489 East Street Warwick to the market for sale. A modern industrial facility leased to a subsidiary of an ASX listed company offering exceptional access to New England Highway.
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 - 4,350sqm Industry zoned Land - 1,282sqm GFA including 293sqm office, 856sqm warehouse, 133sqm mezzanine - Modern building completed in 2011 - Strategic location in Warwick with close proximity to New England Highway
Nett income: $108,480 per annum
FURTHER INFORMATION For a copy of the information memorandum, please contact Dan Dwan of Colliers Toowoomba.
