1 Huxham Street Raceview, QLD 4305
0.4ha (1.0 acres)
Tenanted Investment Details
Brilliant Dual Tenanted Investment - 7.6% Net Yield - with 3 and 5 yr leases in place
- 7.6% Net Yield - Fantastic Investment!
- 2 Secure Tenants - Great Leases in place
- Quality premises - Rarity in this area!
Located in Raceview, 1 Huxham Street offers direct access to the Ipswich Motorway and the Cunningham Highway.
The property is fully leased to two tenants, Event Solutions & National Automotive Services Pty Ltd.
1A Huxham Street - 1,048m2 premises leased until 01/01/2024 with 1 x 5 year option. 3% yearly increases.
1B Huxham Street - 1,471m2 premises leased until 25/05/2021 with 1 x 3 year option. Annual CPI increases.
The property itself features:
• 8.5 metre internal warehouse height
• 9m & 7m wide container height roller doors
• Dual entry gate access
• Ample hardstand at the front of the building
• Plenty of onsite parking
• Ability to split lease the property in two proportions
• Heavy grade concrete
This is a solid investment opportunity in an area where a premises of this quality is rare!
Property ID: 503076294Last Updated: 25 Jan 2019