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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 time21/11/2019 12:00
    Recipient nameHarry Butterfield
    Delivery addressBrisbane

    Property Highlights

    Property ID2015775122
    Floor Area334 m²
    Land AreaAsk Agent
    ParkingOn site parking available
    Annual ReturnAsk Agent
    AvailabilityVacant
    Category
    Last updated  17 Oct 2019
    Map for 5/58 Frederick Street Northgate QLD 4013
    Map for 5/58 Frederick Street Northgate QLD 40135/58 Frederick Street Northgate QLD 4013
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

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    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Colliers International - Brisbane
    Level 30 111 Eagle Street Brisbane City QLD 4000

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