15 West Link Place,
Richlands, QLD 4077

Warehouse, Factory & Industrial

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Map of 15 West Link Place

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"Harvey Norman" - Investment . EXCLUSIVE AGENT

Solid Investment Property. Constructed in 2007.
Leased area = 2828m2 on ground floor
2 x street cross overs, 4 x roller shutters (drive in and docks)
Secure tilt panel construction
Big volume warehouse
+ Ground floor offices
(+ 132m2 mezzanine area not inc in Lease)

Lessee = Harvey Norman Holdings Ltd (Ultimate Holding Company and Guarantor)
Lease Term = 10 + 5 + 5 years Commencement = 18 / 4 / 2007
Current rent = $381,212.88 pa net + GST **
Reviews = CPI% annually (max 4%) To Market Review at Option - max 10%

** Next rent review due on 18 / 4 / 2017
Call Doug Smith - EXCLUSIVE AGENT

Richlands, 4077 demographic data

The median household income for Richlands is $1,709, 8% lower than Greater Brisbane's household income of $1,849. Richlands has a younger age profile compared to the rest of Greater Brisbane (median age 28 vs 36). Property ownership data shows 75% of property owners in Richlands have a mortgage.

5,621

Population

$1,709 per week

Median household income

28 years

Median age

Renters

Most residents

Families

Most households

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