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Industrial
Sold
14 Tombo Street CAPALABA QLD (SYD)
Tombo Street, Capalaba
Auction: Monday, 5 August 2019
POA
Price
550sqm
Size
industrial
Description
Direct lease to Lenards Chicken - established 30 years with over 300 stores nationally Capalaba: tightly held Brisbane bayside suburb only 22 km to Brisbane CBD Important metropolitan logistics and distribution location Modern warehouse office building with rare cold storage and freezer room facilities Substantial tenant fitout costs incurred Land area 1,045 sqm Building area 550 sqm On-site parking for 8 vehicles Fixed annual 3% rent increases Tenant pays 100% of outgoings, including Land Tax, as per the lease Net Income - $153,830 pa + GST (as at October 2019) Auction: 11am AEST, Tuesday 6 August 2019 Doltone House Hyde Park, 181 Elizabeth Street, Sydney
