65 Enterprise Street, Cleveland QLD

For Sale

Industrial

SOLD

1327m2

Erected on a 2,888m² site zoned ‘Heavy Industry’, this freestanding industrial property is located in
the heart of Cleveland’s industrial precinct. Offering 1327m² of lettable area including 980m² of
ground floor office, showroom & factory plus 347m² of mezzanine level office & storage areas.
The property provides multiple roller door access, air conditioned office/showroom areas, male &
female amenities, generous hardstand & parking areas, easy truck access and full security fencing.
The existing tenant, SolomonÂ’ Security & Blinds, have occupied the building since its construction
in 1999 and have recently signed a new lease on the Property. Due to an increase in business activity the tenant has extended and refurbished the existing office areas to provide high quality office accommodation throughout. The Company Directors have personally guaranteed the performance of the Lease. This represents a secure, long term investment.

Tenant: SolomonÂ’s Security & Blinds Pty Ltd
Nett Rental P.A.: $140,028.96
Commencement: 31st March 2015
Terms: 5 + 5
Review: CPI Annually; FMV @ Option, CPI ann
Tenant pays all outgoings - Currently Budgeted at $19,730 p.a.

Offers over $1.7M (No GST - Going Concern Exemption applies)