SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Commonwealth of Australia Facility

46 Honeyeater Circuit , South Murwillumbah NSW

Property Highlights

Secure 15 Year Lease to 2026
Rare 4.25% annual rent increases
Attractive Net Lease Structure
Register to Bid

Description

+Secure 15 Year Lease to the Commonwealth of Australia to 2026, plus options through to 2036
+An essential state-of-the-art facility servicing the Gold Coast International Airport and the wider local region
+Rare 4.25% annual rent increases, with a market review at each option and a 10% cap and collar clause
+Attractive net lease structure with the tenant responsible for all usual outgoings including unrestricted land tax and management fees
+Expansive 9,474 sqm corner site situated in a busy industrial precinct
+Constructed in 2011, providing significant depreciation benefits
+Modern single level building incorporating offices, admin and other facilities
+Strategically situated within an emerging industrial precinct, next to Storage King and metres from the Stone & Wood brewery
+Easily managed “set and forget” premium investment with Federal Government guaranteed income
+Total building area of 738 sqm plus a further 233 sqm of awning areas*
+Tweed Shire Council: High growth area with population forecast to grow by 22% to 120,000 people by 2031**
+Net Income: $448,905 pa + GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Tuesday 2 August 2022
Sydney Opera House

*approx

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Government
Land Size
9,474 SQM
Building Area
738 SQM

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights