38 Pineapple Street Zillmere, QLD 4034
1.9ha (4.7 acres)
01 May 2019
Long Term Investment With Significant Development Upside.
- 19,024sqm regular shaped block
- Net income of $675,000 p.a.
- Brand new 5 year lease
Features of the property include:
-19,024sqm regular shaped block with substantial improved hardstand
- Brand new 5 year lease to the well-established Surepipe Pty Ltd
- Net income of $675,000 p.a. with tenant to pay all outgoings
- Strong review structure for secure income growth
- Opportunity to capitalise on significant development upside (STCA)
- Close proximity to surrounding infrastructure and amenity making it suitable for any array of uses
- Land bank, redevelop, occupy or invest in one of the inner north's last land holding
For more information or to arrange an inspection, please contact the exclusive agents from JLL and Savills.
Property ID: 503023550Last Updated: 1 May 2019