Trophy Metropolitan Tyre & Auto Investment

524 Samford Road, Mitchelton QLD

Property Highlights

Brand new 7 + 7 year lease to 2035
Tenant pays all outgoings inc land tax
Fixed 2.75% annual rent increases
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Description

+ High profile 1,915sqm corner site only 7km from the Brisbane CBD with over 39,000 passing vehicles per day
+ JAX Tyres & Auto: wholly owned entity of Hankook Tire (KRX) with a market cap of over $7billion
+ In operation as a tyre & auto facility for over 25+ years
+ Tenant commitment showcased through recent building works at their expense
+ Long term upside through a multitude of future development uses
+ Unique 2-year vacancy notification period, providing the landlord with ample time to pursue development
+ Mitchelton: 7km* North of the Brisbane CBD & home to the state’s largest army barracks with over 5,600 personnel
+ Net rent: $140,000 pa

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
Automotive
Land Size
1,915 SQM
Building Area
387 SQM

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