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81 Flinders Parade North Lakes QLD 4509

  • Showrooms / Bulky Goods
  • 1,297 m²
  • For Sale, Please Contact JLL (under offer)

Impressive Multi-Tenanted Investment High Growth Location

  • Available in-one-line or individually
  • Up to $354,102 net income
  • Dual national tenants

On behalf of the vendor, JLL have the exclusive pleasure of offering 81 Flinders Parade, North Lakes to the market For Sale via Offers to Purchase closing 4pm, Thursday the 12th of March 2020. This outstanding investment opportunity offers the chance to acquire the property in-one-line or as individual buildings.

Features of the offering include:

- Brand new, multi-tenanted investment with a diversified income stream (if acquired in-one-line)
- Situated on highly sought after 3,328sqm* MIBA zoned allotment with retail approval
- Net income streams ranging from $115,000 p.a to $354,102 p.a (If acquired in-one-line)
- Potential for substantial depreciation benefits given the age of the building & fit-out
- Situated in one of Australias fastest growing suburbs

Building A:

- High quality showroom / warehouse with superb fit-out
- Leased to national retailer JD Lighting until 2026 with options through to 2036
- Net income of $239,102 p.a.
- Strong 3% review structure ensuring fixed income growth
- Secured by 6 month bank guarantee

Building B:

- Quality retail / warehouse with functional layout
- Leased to Government backed Return-It until 2023 with options until 2028
- Net income of $115,000 p.a.
- Strong 3.5% review structure ensuring fixed income growth
- Ability to increase GFA through 130sqm of approved first floor office space
- Secured by 4 month bank guarantee

For more information or to arrange an inspection, please contact the exclusive agents from JLL.

*Approx.

Property Highlights

Property ID2016083869
Floor Area1,297 m²
Land Area3,328 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  16 Mar 2020
Map for 81 Flinders Parade North Lakes QLD 4509
Map for 81 Flinders Parade North Lakes QLD 450981 Flinders Parade North Lakes QLD 4509
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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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JLL Brisbane
Level 39 Central Plaza One, 345 Queen Street Brisbane City QLD 4000

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