292-296 Alexandra Street KAWANA (Rockhampton) (MEL)

5 year lease to July 2023 plus options to 2034 Flender Pty Ltd is a full subsidiary of Siemens AG, a German conglomerate company head quartered in Berlin and Munich and the largest industrial manufacturing company in Europe with 377,000 employees world-wide and in Australia around 2,200 people in 16 locations. Market capitalisation of approximately $149b In 2017 the tenant has spent approximately $5m on the subject property Tenants pays all outgoings including Land Tax 3% annual rent increases Bank guarantee of $164,175 Building area 2,528sqm Land area 6,121sqm