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SOLD

20/547 Woolcock Street, MOUNT LOUISA, QLD, 4814

Properties / Sold / Queensland / Mount Louisa

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Price on Request

Land Area

765 m² (*approx)

Floor Area

765 m² (*approx)

Property Type

Industrial

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2. Property Highlights

Quality Industrial Estate - Renewed Lease to ASX Listed Tenant

ASX Listed Tenant
Rent Reviews - Higher of CPI or 3.5%
Tenant Pays all Outgoings (per lease)

Johns Lyng (Qld)North Pty Ltd – Johns Lyng Group is an ASX listed company with an estimated market capitalisation of $934m and 856 employees Australia wide.

Modern high-clearance warehouse with dual roller shutter access

Air-conditioned reception area and office space

Renewed 3 year lease to December 2024 with option to December 2027

Bruce Highway frontage 7 km to Townsville CBD & 3.5 km to Townsville Airport

Building area of 765 sqm

7 on-title car spaces

Tenant pays all outgoings including management fees

CPI or 3.5% annual increases, whichever the greater

Townsville: ‘capital’ of North Queensland with a growing population of over 180,000

Net income $76,500 p.a. + GST

To be sold by Burgess Rawson Investment Portfolio Auction

Tuesday 10th August 2021

Bidding available via phone, online, and in person at the Hilton Brisbane or remotely at our Perth and Canberra state offices, and the offices of participating conjunctional agents.

Remember to mention you found this property on CommercialReady.com.au

Property Type

Industrial

Land Area

765 m² (*approx)

Floor Area

765 m² (*approx)

Selling Method

Auction

Selling Details

Price on Request

2. Property Highlights

Quality Industrial Estate - Renewed Lease to ASX Listed Tenant

ASX Listed Tenant
Rent Reviews - Higher of CPI or 3.5%
Tenant Pays all Outgoings (per lease)

Johns Lyng (Qld)North Pty Ltd – Johns Lyng Group is an ASX listed company with an estimated market capitalisation of $934m and 856 employees Australia wide.

Modern high-clearance warehouse with dual roller shutter access

Air-conditioned reception area and office space

Renewed 3 year lease to December 2024 with option to December 2027

Bruce Highway frontage 7 km to Townsville CBD & 3.5 km to Townsville Airport

Building area of 765 sqm

7 on-title car spaces

Tenant pays all outgoings including management fees

CPI or 3.5% annual increases, whichever the greater

Townsville: ‘capital’ of North Queensland with a growing population of over 180,000

Net income $76,500 p.a. + GST

To be sold by Burgess Rawson Investment Portfolio Auction

Tuesday 10th August 2021

Bidding available via phone, online, and in person at the Hilton Brisbane or remotely at our Perth and Canberra state offices, and the offices of participating conjunctional agents.

Remember to mention you found this property on CommercialReady.com.au