ASX Listed National Tenant – Circa 8% Yield
24/547 Woolcock Street, Mount Louisa QLD
Property Highlights
Description
5 year lease plus option to 2026
“Spotless Group” listed on the Australian Securities Exchange (ASX) with market cap of $1.33 billion
7 km to the Townsville CBD and 3.5 km from the Townsville Airport
Prime Bruce Highway Frontage with approximately 16,000 passing vehicles per day
Min 3.5% annual rent increases
Tenant pays all outgoings as per the lease
6 months bank guarantee
Building area 742 sqm unit including 156 sqm office
7 on-title car spaces
Townsville is the capital city of Far North Queensland with a diverse economy underpinned by tourism, mining, government and defence
Excellent depreciation benefits
Net Income: $86,380 pa + GST
For sale via Offers to Purchase
Offers over $1,000,000
Property Details
Price
Offers over $1,000,000