Quality Industrial Estate – Renewed Lease to ASX Listed Tenant
20/547 Woolcock Street, Mount Louisa QLD
Property Highlights
Description
Johns Lyng (Qld)North Pty Ltd – Johns Lyng Group is an ASX listed company with an estimated market capitalisation of $934m and 856 employees Australia wide.
Modern high-clearance warehouse with dual roller shutter access
Air-conditioned reception area and office space
Renewed 3 year lease to December 2024 with option to December 2027
Bruce Highway frontage 7 km to Townsville CBD & 3.5 km to Townsville Airport
Building area of 765 sqm
7 on-title car spaces
Tenant pays all outgoings including management fees
CPI or 3.5% annual increases, whichever the greater
Townsville: ‘capital’ of North Queensland with a growing population of over 180,000
Net income $76,500 p.a. + GST
To be sold by Burgess Rawson Investment Portfolio Auction
Tuesday 10th August 2021
Bidding available via phone, online, and in person at the Hilton Brisbane or remotely at our Perth and Canberra state offices, and the offices of participating conjunctional agents.
Property Details