Secure Investment – New Lease to National Tenant

99-109 Crocodile Crescent, Mount St John QLD

Property Highlights

National Tenant
Renewed Lease to 2025
14,600 sqm site

Description

– The Australian Reinforcing Company (ARC) is a leading manufacturer and supplier of steel reinforcing in Australia since 1920
– New 5 year lease till May 2025
– Modern 3,300 sqm concrete tilt slab building comprising large scale workshop plus offices/amenities
– Substantial land area: 14,600 sqm
– Workshop features working height of 8 to 8.5 metres with twin 4.9 tonne gantry cranes
– Electric roller doors
– Potential for future expansion (STCA) with current site coverage of approximately 23%
– Balance of site area comprises a combination of concrete and gravel hardstand and landscaping
– Close proximity to Bruce Highway M1
– ARC is now a member of the GFG Alliance, combines some of the world’s leading industrial, natural and financial resources
– Net Income: $347,782 pa + GST

For sale via ‘Expressions of Interest’
Closing 4pm AEDT, Tuesday 20 October 2020

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Industrial
Land Size
14,600 SQM
Building Area
3,300 SQM

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights