High quality industrial investment sale

SOLD

Capalaba QLD 4157

Industrial

FOR SALE

734m2

• 734m² industrial warehouse on two (2) strata titles
• Includes 39m² a/c ground floor office
• Additional 111m² mezzanine level including 39m² of a/c office and 72m² of load baring storage area
• Other features - 3 phase power, access into building via three (3) driveways with multiple roller door access, generous front, side and rear parking areas and signage to busy smith street


Lease details – The property is leased to a long standing tenant and is a well established business operating in Capalaba for the past 35 years. The tenant has entered into a 5+5 year lease commencing 1st November 2015 at a Net annual rental of $76,800 + outgoings & GST with CPI annual increases and a review to market at beginning of option period. A bank guarantee equivalent to three (3) months rent has been provided.
Tenants outgoings include - Body corporate fees = $5,792.00 p.a and rates = $5,528.00 p.a

This truly represents a secure a long term investment.