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Office
Sold
15 Telford Place ARUNDEL
Telford Place, ARUNDEL
Auction: Monday, 22 February 2016
POA
Price
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office
Description
- Renewed and secure 10 year net lease to June 2025 plus options to 2035 - Leased to Vodafone, Mobile Telecommunications giant - Tenant in occupation for 15 years - Strategically positioned telecommunications facility located 7 km from the Southport CBD - One of only 3 Vodafone high tech facilities in Queensland - Site area of 2,738 sqm with lettable area of 2,038 sqm - Attractive annual increases of 3.5% until 2020 and 3.25% until 2024 - Tenant pays all outgoings (inc. Land Tax) - Gold Coast: Australia's tourist mecca - Home to the 2018 Commonwealth Games with over $13.5 Billion in infrastructure projects planned or underway - Net Income: $430,000 pa + GST (increasing to $445,050 pa + GST in June 2016) Auction 11am AEDT Tuesday 23 February Doltone House Hyde Park, Sydney