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

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

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Contact agents
Andrew Havig Partner
0478 010 990
Shaun Venables Senior Director
0411 860 865
Campbell Bowers Partner
0405 127 588
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Kurwongbah, QLD

353 Narangba Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 149

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