Brand New 20 Year Triple Net Lease to National Tenant | 2.4ha Site
353 Narangba Road, Kurwongbah QLD
Property Highlights
20 year lease plus 6 x 10 year options
Fixed 3% annual rent increases
Net Income of $138,000 + GST
Description
+ Brand new 20-year net lease plus 6 x 10 year options to 2101
+ Kip Happy Stays: Australia’s largest provider of pet boarding with 18 sites across the country
+ Rare triple net lease – tenant pays all outgoings including land tax and structural repairs
+ Fixed 3% annual rental increases
+ Capital intensive and well maintained improvements of over 1,300sqm
+ Moreton Bay: one of Australia’s fastest growing regions and nearby to North Lakes precinct
+ Net Income of $138,000pa + GST
For Sale by Investment Portfolio Auction
10:30AM (AEST) Thursday 16 December 2021
Hilton, Brisbane
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Commercial
Land Size
24,000 SQM
Building Area
1,300 SQM