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10 to 12 Ponzo Street Woree, QLD 4868

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10 to 12 Ponzo Street,
Woree, QLD 4868

Warehouse, Factory & Industrial

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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

Property ID: 500444891Last Updated: 13 Dec 2013

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10 to 12 Ponzo Street
Woree, QLD 4868
Go Commercial - BUNGALOW
Unit 6, 175-185 Newell Street
BUNGALOW, QLD 4870
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