Modern Research Facility - 10 year lease to University

SOLD

459 Tufnell Road

Banyo QLD 4014

Offices

FOR SALE

2918m2

Securely leased to Queensland University of Technology.
Freestanding modern industrial building which provides office/warehouse accommodation
Single tenant, minimal management investment.
10 year lease from May 2010 plus 2 x 10 year options.
CPI annual reviews with market reviews
Substantial tax saving depreciation benefits.
Rent $362,415.60 pa