Global Public Listed Corporation – Renewed 5 Year Lease + Options to 2034
292-296 Alexandra Street, Kawana QLD
Property Highlights
Global Tenant - Siemens
Renewed 5 Year Lease
Options to 2034
Description
5 year lease to July 2023 plus options to 2034
Flender Pty Ltd is a full subsidiary of Siemens AG, a German conglomerate company head quartered in Berlin and Munich and the largest industrial manufacturing company in Europe with 377,000 employees world-wide and in Australia around 2,200 people in 16 locations. Market capitalisation of approximately $149b
In 2017 the tenant has spent approximately $5m on the subject property
Tenants pays all outgoings including Land Tax
3% annual rent increases
Bank guarantee of $164,175
Building area 2,528sqm
Land area 6,121sqm
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Industrial
Land Size
6,121 SQM
Building Area
2,528 SQM