Tradelink – High Profile Store for 18 years

213 James Street, Toowoomba QLD

Property Highlights

Renewed 5 yr lease + option to 2030
Fixed 3% rent increases
Tenant pays outgoings
Register to Bid

Description

+ Renewed 5 + 5 Year Lease to National Tenant Tradelink
+ Toowoomba City – Fronting Main Arterial Road
+ Long Established Tradelink in this location almost 20 years
+ Head Office lease to national tenant Tradelink – over 200 outlets Australia wide
+ Wholly owned subsidiary of ASX listed Fletcher Building Group
+ High Profile highway frontage – 21,000 cars pass daily
+ Renewed 5 year lease to 2025 plus option to 2030
+ Attractive fixed 3% annual reviews
+ Tenant pays 100% outgoings as per the lease
+ Building area 1,971*sqm
+ Site area: 1,594*sqm
+ Over $20,000 in capital upgrades in past 18 months
+ Toowoomba: Sixth most populous city in QLD with population 170,356* with GRP of $11.56 billion
+ Net Income: $238,100 p.a. (plus GST)

For Sale by Investment Portfolio Auction
11am (AEST) Wednesday 29 September 2021
Venue: Crystalbrook Vincent Hotel, 5 Boundary Street, ‘Howard Smith Wharves’ Brisbane

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Warehouse/Showroom
Land Size
1,594 SQM
Building Area
1,971 SQM

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