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5/58 Frederick Street Northgate, QLD 4013

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5/58 Frederick Street,
Northgate, QLD 4013

Warehouse, Factory & Industrial

Price information

Sale - Expression of Interest

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Key property information

Floor area

Parking info

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$56,780
Number of Tenants
1 Tenant

Map of 5/58 Frederick Street

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INVESTMENT - BRAND NEW 3 + 3 + 3 YEAR LEASE

  • 3 + 3 + 3 year leaseback
  • Net Rental of $56,780
  • Low maintenance invesetment
Colliers International is pleased to offer Unit 5/58 Frederick Street, Northgate. The property offers investors the opportunity to secure a high-quality industrial office/warehouse unit, with a new long term lease to a quality tenant. It is located in a tightly held and rarely available complex of only 5 units. The development was built in 2008 and features dual street cross-overs and drive through access. Construction is a combination of precast concrete panel walls, concrete slab floors and insulated metal deck roofing.

The seller, who currently occupies the unit, will provide a 3 + 3 + 3 year lease commencing at settlement.
Lessee: Leafmesh Pty Ltd trading as Leafshield Gutter Protection (Qld)
Rent: $56,780 net + Outgoings + GST
Outgoings: 100% recoverable
Rent review: 3% or CPI

This property features:
- High quality office/warehouse totalling 334sqm;
- Clearspan warehouse and accessed via an electric container height roller door;
- Strong, established tenant has been operating since 1995;
- All outgoings recoverable from the tenant;
- 9 metre internal clearance;
- Male/Female amenities & shower;
- Located approximately 12 radial kilometres from Brisbane’s CBD;
- Top quality, low maintenance investment.

The property is offered for sale via Expressions of Interest closing Thursday 21 November 2019 at 4pm.

Colliers International welcomes your interest and should you require any additional information, or wish to arrange an inspection, please contact the exclusive agents.

Property ID: 503366034Last Updated: 15 Jan 2020

5/58 Frederick Street
Northgate, QLD 4013

Agency contacts

Colliers International - Brisbane
Colliers International - Brisbane
Level 30, 111 Eagle Street
BRISBANE CITY, QLD 4000
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Harry Butterfield
Colliers International - Brisbane
5/58 Frederick Street Northgate, QLD 4013

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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  • Harry Butterfield

    Colliers International - Brisbane
    +61 *** ***
  • Jared Conway

    Colliers International - Brisbane
    0419 *** ***