Hudson Kaddatz from Harcourts Coastal Commercial on behalf of the sellers, has the exclusive privilege to offer this outstanding dual tenant investment opportunity in the extremely popular Brisbane Road industrial corridor. These two industrial units (to be sold in one line) feature two tenants, both popular within the local community and are proven business operators. Unit 1 features a brand new lease to the leaders in Welding Supplies across Australia 'Aitken Welding Supplies' who have been trading on the East-Coast of Australia since 1985. The lease gives investors security with a brand new 5 year term and options up to 2047. Unit 2 features a shorter term lease to LJ Marine Services, a local marine mechanic business that has been servicing the luxury yacht and motor market in Northern Gold Coast for 3+ Years. Opportunities like this are few and far between, do not miss the chance to secure this property.
This property is being sold as part of an QLD Wide Industrial Portfolio Sale on behalf of Aitken Welding Supplies, if you have interest in any other properties tenanted by Aitken Welding, please contact Hudson Kaddatz for details on each property.
• Net lettable area of 220m²* plus additional air-conditioned office mezzanine
• Tenanted by welding supplies leaders 'Aitken Welding Supplies'
• Brand New 5 Year Lease + Options to 2047
• Significant net income of $45,000 + GST + All Outgoings Per Annum
• Proven tenant, 6 locations across Australia's East Coast
• Favourable 4% Annual Reviews
• Net lettable area of 220m²* including rear storage mezzanine
• Tenanted by LJ Marine
• 2 Year Lease + 1 Year Option to April 2024
• Gross income of $40,500 + GST Per Annum
• CPI rent review
• Both Units feature great exposure to busy Captain Cook Drive
• Shared complex parking, easy truck access
• Unit 1 access to side yard
• 5 minutes to the M1
• Low Impact Industry Zoning
• Priced to represent a great value yield to an investor.
• Contact the exclusive agent Hudson Kaddatz for access to the Data Room and more information.
Harcourts Coastal Commercial has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Beyond Commercial Pty Ltd trading as Harcourts Coastal Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.