16-18 Ronald Court,
Mount Louisa, QLD 4814

Warehouse, Factory & Industrial

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LONG TERM LEASED INVESTMENT- OVER 6 YEARS REMAINING

7 year lease commenced March 2017
National tenant - Coates Hire
Net income $250,000 pa (ex GST)

- Leased to Coates Hire, Australia's largest equipment hire company with 200 branches nationwide
- New 7 year lease (plus 5 year option) commencing 20 March 2017
- Current net rental $250,000 pa (plus GST)
- Tenant pays all outgoings
- Column free warehouse / workshop space of 2,000sq.m with 8 x motorised roller doors
- Air conditioned office block of 185sq.m with fitout
- 2 x titles totalling 12,435sq.m
- Full concrete surrounds with 2 dual driveways
- Low site coverage (approx 18%)

For further details or to arrange an inspection please contact Todd Walsh at Colliers International.

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Property ID: 502697858Last Updated: 3 May 2018

0408 061 0...

16-18 Ronald Court

Mount Louisa, QLD 4814

0408 061 0...

Colliers - Townsville

Level 1, 42 Sturt Street
TOWNSVILLE CITY, QLD 4810

Todd Walsh
0408 061 0...

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