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Warehouse
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1-17 Knight Street ROCKHAMPTON

Knight Street, ROCKHAMPTON
POA
Price
3400sqm
Size
warehouse

Description

�?� 10 year lease to 2024 �?� Leased to Arrium Limited - Australia's major steel business with over $6 billion turnover �?� 2 x 5 year Options to 2034 �?� Tenant pays all outgoings (as per lease) �?� Huge 19,200 sqm land area with 3.400 sqm building �?� Massive exposure to the Bruce Highway �?� Rockhampton - established regional business centre with growing population and a well balanced economy �?� Dominant steel stockholder business with 400 km trade area �?� Major tenant infrastructure commitment �?� 3.5% annual rent increases ($706,320 net pa in 2024) �?� Easily managed premium tenant investment �?� Net Income: $536,388 pa +GST

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1-17 Knight Street ROCKHAMPTON | Nordmarq Property