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60 Grindle Road Wacol QLD 4076

  • Industrial / Warehouse
  • Floor Size8,971 m²
  • PriceFor Sale, Please contact JLL

9.5 Year Triple Net Lease Established National Tenant

  • 9.5 Year WALE
  • Triple Net Lease Structure
  • CPI Min 3.5% Annual Reviews

Introducing 60 Grindle Road, Wacol, a 9.5 year Triple Net Lease to Vesco Foods, one of Australias leading food manufacturers. Located approximately 15 radial kilometres south west of the Brisbane CBD with outstanding access to three major arterials this investment provides the following compelling features:

9.5 year WALE to Vesco Foods
Triple net lease structure
Current net income $1,480,072 per annum
Strong rental review structure - Annual CPI (min 3.5%)
Large 45,220m2* land holding provides expansion potential (STCA)
8,971m2* food preparation and distribution facility
Significant recent capital expenditure by tenant on building fit out
Outstanding access to the Ipswich Motorway, Logan Motorway and Centenary Highway
Well established national tenant occupying the site for approximately 15 years

*approximately
(STCA) subject to Council approval

This outstanding investment opportunity is being offered for sale via Expressions of Interest closing 4pm Wednesday 10th July 2019. For further information please contact the JLL exclusive marketing agents.

Property Highlights

Property ID2015350479
Floor Area8,971 m²
Land Area4.5 ha
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  18 Jun 2019
Map for 60 Grindle Road Wacol QLD 4076
JLL - Melbourne
Level 40 101 Collins Street Melbourne VIC 3000

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