HIGH YIELD SECURED FOR 10 YEARS

SOLD

1-17 Knight Street

Park Avenue QLD 4701

Industrial

FOR SALE

3400m2

1-17 Knight Street, Park Avenue represents an outstanding investment opportunity with a substantial long term holding income to one of Australia’s leading corporates. Combining a quality heavy duty industrial facility with substantial exposure to the Bruce Highway and an enviable position just minutes from the Rockhampton Central Business District, 1-17 Knight Street is sure to impress.

• Sale and leaseback to OneSteel, returning $518,250 pa net plus GST on a 10 year initial term

• Situated within one kilometre of the Rockhampton CBD with exposure to the Bruce Highway

• 3,400m² GFA

• 19,200m² GI site

• Substantial overhead crane capacity and heavy duty infrastructure

• Site improved with extensive hardstand

• Diversified regional economy supported by long-term industries

• Sought after investment parameters including fixed yearly increases, quality corporate covenant and substantial building improvements

• Quality leaseback terms reflect high importance of this location

For sale via Expressions of Interest closing Thursday 23 October at 5pm