High-Yielding Industrial with Secure ASX-Backed National Tenant

INVESTMENT HIGHLIGHTS

• High-yielding investment - 8.8%
• 5-year lease to September 2029 + 1 x 5 year options
• Set-and-forget net lease with all outgoings paid by the tenant, including land tax and property management fees
• Ensured income growth with annual increases: greater of CPI or 3.5%
• Significant 1.26Ha land area with 178m2 modern office facility, 1,400m2 high clearance industrial shed plus demountable building with 4 x ensuite-room accommodation
• Mobilise has been established at the property since 2018, providing labour and workforce solutions to Mount Isa
• Mobilise is a subsidiary of ASX-Listing PeopleIN, a national workforce solutions group
• Net income $171,396 + GST per annum

Offers at $1.95m