10 to 12 Ponzo Street,
Woree, QLD 4868

Warehouse, Factory & Industrial

Key property information

Land area

Floor area

Zoning

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Map of 10 to 12 Ponzo Street

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National Tenant + Secure Returns

Rarely do investment properties of this quality become available.

Built in 2006 this purpose built facility on two titles has national tenant ELGAS on a long term 10 year lease with a current net rent of $161,601.00 pa + GST + all outgoings paid by the tenant.
Add depreciation and we're talking close to an 11% net return once this year's CPI increase kicks in at the beginning of September.

* $166,500.00 Approx Net Return (With Sept CPI Increase)
* Total Site Area Approx 3866m2
* Two Titles
* National Tenant Elgas 10 Year Lease
* Lease Commencement Date 04/09/06
* Lease Expiry Date 04/09/2016
* Lease Option : 10 Years / September 2026
* CPI or min 3 % Reviews Annually

Property Code: 934

Woree, 4868 demographic data

The median household income for Woree is $1,152, 24% lower than Regional Queensland's household income of $1,507. Woree has a younger age profile compared to the rest of Regional Queensland (median age 38 vs 41). Property ownership data shows 50% of property owners in Woree have a mortgage.

5,127

Population

$1,152 per week

Median household income

38 years

Median age

Renters

Most residents

Families

Most households