45 Minjungbal Drive,
Tweed Heads South, NSW 2486
EOI - Deadline for offers - 30th November 2023
Key property information
Map of 45 Minjungbal Drive
Bus stops within 5 km of 45 Minjungbal Drive, Tweed Heads South, NSW 2486 Distance South Tweed Heads Coach Stop, Minjungbal Dr 483 m Altair and Duffy STS 937 m Duffy St Opp Altair St 959 m Minjungbal Dr Before Blundell BVD 1 km Tweed City Bus Zone, Kirkwood Rd 1.1 kmPOWERED BY HERE ©
MIDAS - TROPHY INVESTMENT
- New 5 year lease to global powerhouse
- ASX listed tenant
- Prime main road position
This offering is a secure Tyre & Auto investment – One of Australia's most sought after asset classes due to the sector's resilient outlook, secure covenants and favourable lease structures
- Brand new renewed 5 + 5 year lease commencing 1st December 2023.
- Leased to Corporate entity Midas Australia Pty Ltd wholly owned by ASX listed Bapcor.
- Net rental income $126,958 per annum
- 100% outgoings recoverable.
- Annual reviews the greater of CPI or 3%.
- Freehold main road building in immaculate condition.
- 488sqm NLA
- 1,012sqm Site area.
- 20 metre frontage to the main arterial road "Minjungbal Drive", with over 60,000 passing vehicles daily.
Expressions Of Interest (EOI) closing date for offers Thursday 12pm, 30th November 2023.
This property will be sold!
Contact exclusive selling agents Towers Francis Property.
Property ID: 504452368Last Updated: 7 Nov 2023