Australian Federal Police K9 Facility | Priced To Be Sold

Burgess Rawson is pleased to offer to the market, AFP Machans Beach for sale via Private Treaty

The property has the following investment highlights:

+Secure 15 year double net lease to the Australian Federal Police (AFP) to 2028, plus options through to 2038
+An essential, high security state-of-the-art K9 facility servicing the Cairns International Airport.
+Rare 4.25% fixed annual rent increases, assuring rental growth
+Attractive net lease structure with the tenant responsible for outgoings including unrestricted land tax and management fees
+Elevated 13,905* sqm site, strategically located at the doorstep of the Cairns International Airport
+Constructed in 2013, providing significant depreciation tax benefits
+Strategically located on Machans Beach Road, a major road linking Machans Beach with the Captain Cook Hwy which services 32,500+ vehicles daily.**
+Modern single level building incorporating offices, admin, veterinary and other facilities
+Easily managed “set and forget” premium investment with Federal Government guaranteed income
+The AFP has delivered a significant blow to organised crime by restraining more than $600 million in criminal assets in three years, ahead of the five-year target set by Commissioner Reece Kershaw***
+Cairns: gateway to Australia’s Great Barrier Reef, economic output of $10.33 billion and Australia’s 5th largest regional city with a rapidly growing population of 168,449 people****
+Net Income: $523,584 pa + GST

To be sold via Private Treaty

*approx
**gap maps
***afp.gov.au
**** Cairns Regional Council