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Brand New 20 Year Triple Net Lease to National Tenant | 2.4ha Site

353 Narangba Road , Kurwongbah QLD

Property Highlights

20 year lease plus 6 x 10 year options
Fixed 3% annual rent increases
Net Income of $138,000 + GST

Description

+ Brand new 20-year net lease plus 6 x 10 year options to 2101
+ Kip Happy Stays: Australia’s largest provider of pet boarding with 18 sites across the country
+ Rare triple net lease – tenant pays all outgoings including land tax and structural repairs
+ Fixed 3% annual rental increases
+ Capital intensive and well maintained improvements of over 1,300sqm
+ Moreton Bay: one of Australia’s fastest growing regions and nearby to North Lakes precinct
+ Net Income of $138,000pa + GST

For Sale by Investment Portfolio Auction
10:30AM (AEST) Thursday 16 December 2021
Hilton, Brisbane

Property Details

Listing
Sale
Current Tenant
Tenanted
Land Size
24,000 SQM
Building Area
1,300 SQM

Contact Agents

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