51 Upton Street
Bundall, QLD 4217
Auction 23 October 2019
Onsite Parking Available
Tenanted Investment Details
Contact agent to confirm the time and location
BRAND NEW BUILDING - ASX LISTED LONG-TERM TENANT
- New 7+7+7yr Lease to Hayman’s Electrical
- $300,000 p.a.* Net Income + GST + Outs
- 1973sqm* Land Area & 1144sqm* NLA
- 7-year lease with 2 x 7-year options
- Tenant: Hayman’s Electrical (ASX: MMF)
- Net income of: $300,000 p.a.* + GST + Outgoings
- Head lease with parent company - Hayman's nationally has 71 branch outlets and parent company has 250
- Initial lease term commenced: 29/07/2019
- 1,144sqm* of NLA positioned on 1,973sqm* of land
- Located within the Gold Coast's best showroom/bulky-goods precinct
- Genuine seller, will be sold
The property is being offered For Sale Via Public Auction on Wednesday 23rd October 2019 at 11.00am.
Auction Location: In-Rooms at Colliers International’s Gold Coast Office
Level 2, Circle on Cavill, 3184 Surfers Paradise Boulevard, Surfers Paradise, QLD 4217
For more information contact Colliers International’s Steven King on 0417 789 599.
^please note outlines are indicative only.
Property ID: 503331078Last Updated: 15 Oct 2019