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63-65 Lord Street
Gladstone Central QLD 4680
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63-65 Lord Street Gladstone Central QLD 4680

  • Factory, Warehouse & Industrial
  • 1,800 m²
  • Sold

New 7 year Lease to subsidiary of Global Giant-Sonepar Group

    + Brand new 7-year lease to 2028 plus 5 year option through to 2033
    + Investor friendly lease with tenant paying all usual outgoings
    + Annual rent reviews
    + Leased to Lawrence & Hanson a subsidiary of Sonepar Group
    + Sonepar Group: Global Electrical product distributor with over 100+ Brands across 40+ Countries culminating in over 23 billion in group sales in 2020**
    + Significant 3,535 sqm site with 36 on site car spaces
    + Modern and versatile 1,800sqm building extended in 2013
    + Long standing tenant having occupied the site since 1994
    + Strategically positioned on Lord Street, less than 1km from the Gladstone CBD
    + Gladstone Region: Experiencing significant population growth, forecast to
    grow by nearly 20% from 63,000 to 75,000 by 2041. Gladstone is home to
    Queensland's largest multi commodity shipping port, driving local economic growth
    +Gladstone: soon to be home of the world's largest electrolyser, renewable industry and equipment factory known as the Global Green Energy Manufacturing Centre, to be developed by Fortescue Future Industries (FFI) and the Queensland Government.
    + Single Tenant minimal management, essential service investment.
    + Net Rent: $263,950 pa + GST

    For Sale by Investment Portfolio Auction
    11am (Brisbane Time) Wednesday 10 November 2021

    **sonpar.com

    *All areas and figuresapproxonly. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

    AUCTION

    Auction date and time10/11/2021 11:00
    Auction location63-65 Lord Street, Gladstone Central QLD

    Property Highlights

    Floor Area1,800 m²
    Land Area3,535 m²
    ParkingAsk Agent
    Property ID2017303871
    Category
    Last updated  15 Nov 2021
    Map for 63-65 Lord Street Gladstone Central QLD 4680

    Property Highlights

    Floor Area1,800 m²
    Land Area3,535 m²
    ParkingAsk Agent
    Property ID2017303871
    Category
    Last updated  15 Nov 2021

    Co-Agents

    Matthew Wright
    Matthew Wright
    Burgess Rawson VIC Pty Ltd
    Call
    0458 290 588
    Raoul Holderhead
    Burgess Rawson VIC Pty Ltd
    Call
    0413 860 304

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