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Kelly & Co Property - Brisbane

14 Tombo Street Capalaba, QLD 4157

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14 Tombo Street,
Capalaba, QLD 4157

Warehouse, Factory & Industrial • Offices

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Kelly & Co Property - Brisbane
Pat Kelly

Kelly & Co Property - Brisbane

Level 12, 324 Queen Street
BRISBANE CITY, QLD 4000
04122444...
Kelly & Co Property - Brisbane
14 Tombo Street
Capalaba, QLD 4157

Map of 14 Tombo Street

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Brisbane Industrial Investment - 7 Year Lease to Iconic National Brand

  • 7 Year lease plus options to Oct 2031
  • Tenant pays 100% of outgoings
  • 6 Months rental bank guarantee
Direct lease to Lenards Chicken - established 30 years with over 300 stores nationally
Capalaba: tightly held Brisbane bayside suburb only 22 km to Brisbane CBD
Important metropolitan logistics and distribution location
Modern warehouse office building with rare cold storage and freezer room facilities
Substantial tenant fitout costs incurred
Land area 1,045 sqm
Building area 550 sqm
On-site parking for 8 vehicles
Fixed annual 3% rent increases
Tenant pays 100% of outgoings, including Land Tax, as per the lease
Net Income - $153,830 pa + GST (as at October 2019)

Auction: 11am AEST, Tuesday 6 August 2019
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Property ID: 503252514Last Updated: 20 May 2021

Kelly & Co Property - Brisbane
Level 12, 324 Queen Street
BRISBANE CITY, QLD 4000

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