Long Term Tenanted Investment - Large Industrial Facility

Asking Price: $1.72M

32 Clifford Road

Goondi Bend QLD 4860




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This high clearance industrial facility has been the home of this well established firm "Norfoam" for many years. The property is being offered for sale as a tenanted investment with a new 5 year lease commencing from 1st February 2020.

Rental: $172,000 pa net plus GST
Term 5 years
Options: 5 years
Lease commencement date 1st February 2020

Land Area: 4,400m2
Zoned: Industry
Office Area: 42m2 approx
Warehouse Area: 1790m2 approx

The facility was specifically developed to suit the demands of Norfoam manufacturing with large gas tanks and water cooling systems for the manufacturing of foam products for the seafood and farming requirements.

The property allows for drive through capability with a full concrete hardstand.

The property is being offered to the market with an asking Price of $1.7M (10% Yield)