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Prime Freehold Showroom/Warehouse Investment

91 Hanson Road , Gladstone Central QLD

Property Highlights

Renewed lease with option to Sept 2027
100% of outgoings paid by tenant
Greater of 4% or CPI annual increases

Description

+ 3 year lease to September 2024
+ 3 year option through to September 2027
+ Favourable net lease structure, with tenant paying 100% of outgoings as per lease, including land tax
+ Growth assured with the greater of 4% or CPI annual rental increases
+ Large 2,212sqm freehold site on major arterial road with versatile zoning
+ The current tenants have been occupation since 2014
+ Located on Hanson Road, in the heart of Gladstone’s light industrial precinct, which is exposed to over 10,000 vehicles daily
+ Wholesale Paint Group – Successful Australian company which has 6 outlets throughout Queensland and the Northern Territory
+ Gladstone – Major Central Queensland city with a population of over 63,000 and forecast to grow to over 75,000 by 2041
+ Net Income $100,425 pa + GST + Outgoings

For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 12 May 2022
Hilton Hotel – Level 5

Property Details

Listing
Sale
Current Tenant
Tenanted
Land Size
2,212 SQM
Building Area
791 SQM

Contact Agents

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