The subject property presents a quality freestanding fully leased industrial property comprising of an industrial building totalling 1,891sq m* with high functional administrative space and offices situated on 4,575sq m* level allotment. The site coverage is only 41%* providing quality concrete hardstand and car parking at front, with the site fully security fenced.
The most attractive feature of 80 Islander Road, is it is fully leased to AAA grade tenant, Bunnings Group Limited T/A Bunnings Trade Centre Hervey Bay on a 8 year lease with the current lease term expiring 27 August 2023. A further 4 x 5 year option period are also included in the lease (therefore the last option period expiring on 28 August 2038) . The current net rental is $189,255* per annum.
To obtain an Information Memorandum or a Draft Contract of Sale, please contact Exclusively appointed agents at Savills.
*Approx.