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LJ Hooker Commercial - Toowoomba

13-17 Kimberley Court Torrington, QLD 4350

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13-17 Kimberley Court,
Torrington, QLD 4350

Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Other

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LJ Hooker Commercial - Toowoomba
Mike Stewart
Chris Stewart

LJ Hooker Commercial - Toowoomba

Level1, 677-683 Ruthven Street
SOUTH TOOWOOMBA, QLD 4350
LJ Hooker Commercial - Toowoomba
13-17 Kimberley Court
Torrington, QLD 4350

Map of 13-17 Kimberley Court

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Land Rich Industrial Investment

  • Leased to Lindsay International
  • New 5 Year Lease until 2025
  • Low Site Coverage of 8%*
The LJ Hooker Commercial Team are pleased to present 13-17 Kimberley Court in Toowoomba to the market for sale via Expressions of Interest Closing at 4pm on the 28th of October 2020.

This asset provides the astute investor the opportunity to purchase the Australian Head Office of Lindsay International and offers a new lease until 2025 with options until 2030.

Lindsay International is listed on the NYSE, with over 1,000 employees, a 2019 FY operating revenue of circa $450 million and a market capitalisation of $1.03 billion.

The key features are:
- Leased to Lindsay International (NYSE: LNN).
- 5 year lease until 2025 with options until 2030.
- Tenant pays all outgoings including land tax.
- 3.0% annual increases.
- Low site coverage of 8%*
- 1,100m2* high bay shed with 150m2* air conditioned office.
- 14,900m2* (1.49ha*) site over 3 lots with 147.5m* frontage.
- Freshly painted office with new carpet.
- Other features include security fencing, 3 vehicle crossovers, 9,000m2* of gravel hardstand and more.

Net Annual Income: $235,000 pa + GST

Cumulative Lease Income: $1,247,647 over 5 years

For further information please contact Chris Stewart on 0451 948 0... or Mike Stewart on 0418 717 3....

Approx*

Property ID: 503662642Last Updated: 6 Sep 2021

LJ Hooker Commercial - Toowoomba
Level1, 677-683 Ruthven Street
SOUTH TOOWOOMBA, QLD 4350
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