Secure 10 Year Lease to National Tenant
143 Gladstone Road , Allenstown QLD
Property Highlights
Located in a major regional city
City population growth
65 on-site car spaces
Description
Long term 10 year lease from Oct 2019 + options to 2044
National tenant, parent company operating 300 stores in AU & NZ
Immaculately presented 3,305 sqm high clearance showroom + 65 on-site car spaces
Large 6,907 sqm site with 80.5 metre frontage to Bruce Hwy
Major regional city with over 85,000 population
Greenlit Brands parent company operate other household names like Freedom, Snooze & OMF
Tenant pays all outgoings incl. land tax and management fees
Net Income: $503,030 pa + GST
For Immediate Sale
Indicative Price: $7,000,000
(Yield: 7.2%)
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Large Format Retail
Land Size
6,907 SQM
Building Area
3,305 SQM
Price
Contact Agent