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245 Somerset Road Gracemere, QLD 4702

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245 Somerset Road,
Gracemere, QLD 4702

Warehouse, Factory & Industrial

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12 YEAR LEASE TO GLOBAL TENANT

  • Building Area: 7,003m²
  • Blue chip covenant
  • 12 year lease
On behalf of the vendor, Colliers International has the pleasure to present for your consideration an outstanding investment offering which is underpinned by the following key characteristics:

- Modern logistics facility completed in 2014
- Ideally located in the Gracemere Industrial Area (GIA) with direct access to the Capricorn Highway (A4) via the newly constructed overpass
- Significant two street frontage (348 metres)
- Leased to global logistics giant TOLL Transport, a wholly owned subsidiary of Japan Post which has a market capitalization of $2.5 trillion.
- Impressive rental growth structure of 3.75%pa—fixed.
- Significant depreciation and tax benefits.

This property is being sold via Expression of Interest closing Thursday 30 March at 4pm (AEST).

Property ID: 502304762Last Updated: 18 Apr 2018

04137650...
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245 Somerset Road
Gracemere, QLD 4702
Colliers - Brisbane
Level 30, 111 Eagle Street
BRISBANE CITY, QLD 4000
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