Cushman & Wakefield is pleased to offer this rare opportunity to acquire a brand new industrial building with a 10 year lease to one of Australia’s most recognised companies, ALTEC.
Key features of this investment include;
- 10 year initial term with 2 x 5 year options
- Fully leased to QLD based company ALTEC (https://www.altec.com.au/)
- Net annual rental of $485,290 + GST
- 100% outgoings recoverable
- Excellent lease review structures and bank guarantee
- Brand new built facility due for completion Q3 2023 offering significant depreciation benefits
- 3,733sqm gross floor area
- 6,841sqm site area
- Located just of the Warrego Highway 33km* from Brisbane CBD
- Join companies such as Australia Post, Costco, Reject Shop, Capral Aluminium and SAAB.
This property is being offered for sale via Expressions of Interest closing 27th October 2022.
For Due Diligence items and Information Memorandum please contact the Exclusive Agent.
*Approx- Brisbane - West