5/58 Frederick Street Northgate QLD 4013
- Factory, Warehouse & Industrial
- 334 m²
- Expressions of Interest
INVESTMENT - BRAND NEW 3 + 3 + 3 YEAR LEASE
Colliers International is pleased to offer Unit 5/58 Frederick Street, Northgate. The property offers investors the opportunity to secure a high-quality industrial office/warehouse unit, with a new long term lease to a quality tenant. It is located in a tightly held and rarely available complex of only 5 units. The development was built in 2008 and features dual street cross-overs and drive through access. Construction is a combination of precast concrete panel walls, concrete slab floors and insulated metal deck roofing.
The seller, who currently occupies the unit, will provide a 3 + 3 + 3 year lease commencing at settlement.
Lessee: Leafmesh Pty Ltd trading as Leafshield Gutter Protection (Qld)
Rent: $56,780 net + Outgoings + GST
Outgoings: 100% recoverable
Rent review: 3% or CPI
This property features:
- High quality office/warehouse totalling 334sqm;
- Clearspan warehouse and accessed via an electric container height roller door;
- Strong, established tenant has been operating since 1995;
- All outgoings recoverable from the tenant;
- 9 metre internal clearance;
- Male/Female amenities & shower;
- Located approximately 12 radial kilometres from Brisbanes CBD;
- Top quality, low maintenance investment.
The property is offered for sale via off-market Expressions of Interest closing Thursday 21 November 2019 at 4pm.
Colliers International welcomes your interest and should you require any additional information, or wish to arrange an inspection, please contact the exclusive agents.
EXPRESSION OF INTEREST
|Closing date and time||21/11/2019 12:00|
|Recipient name||Harry Butterfield|