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45 Minjungbal Drive Tweed Heads South, NSW 2486

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45 Minjungbal Drive,
Tweed Heads South, NSW 2486

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

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MIDAS - TROPHY INVESTMENT

  • New 5 year lease to global powerhouse
  • ASX listed tenant
  • Prime main road position
Towers Francis Property are pleased to present to the market for sale, Midas Tweed Heads South by Expressions Of Interest (EOI) with a closing date for offers of 12pm Thursday, 30th November 2023.

This offering is a secure Tyre & Auto investment – One of Australia's most sought after asset classes due to the sector's resilient outlook, secure covenants and favourable lease structures

INVESTMENT FEATURES:

- Brand new renewed 5 + 5 year lease commencing 1st December 2023.
- Leased to Corporate entity Midas Australia Pty Ltd wholly owned by ASX listed Bapcor.
- Net rental income $126,958 per annum
- 100% outgoings recoverable.
- Annual reviews the greater of CPI or 3%.

FEATURES:

- Freehold main road building in immaculate condition.
- 488sqm NLA
- 1,012sqm Site area.
- 20 metre frontage to the main arterial road "Minjungbal Drive", with over 60,000 passing vehicles daily.


FOR SALE:

Under Contract

MORE INFORMATION:

Contact exclusive selling agents Towers Francis Property.

Property ID: 504452368Last Updated: 1 Feb 2024

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45 Minjungbal Drive
Tweed Heads South, NSW 2486
Towers Francis Property - TWEED HEADS SOUTH
Suite 2B Tweed Office Park, 24-28 Corporation Ct
TWEED HEADS SOUTH, NSW 2486

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