Sold
Bridgestone Select Tyre & Auto - Plainland, 21 Endeavour Way, Plainland, QLD, 4341
Bridgestone Select Tyre & Auto - Plainland, 21 Endeavour Way, Plainland, QLD, 4341
Properties / Sold / Queensland / Plainland
Tenanted Investment
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1. Property Summary
Land Area
1,491 m² (*approx)
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2. Property Highlights
PREMIUM TYRE & AUTO INVESTMENT – OPPOSITE NEW BUNNINGS
- 10 year net lease to Nov 2027 + options
- Fixed 3% annual rent increases
- Net income $114,736 pa + GST
JLL Metropolitan Retail Investments are proud to present to the market Bridgestone Plainland for Sale via Auction.
The property has the following key characteristics:
o 10 year lease expiring 2027 to Bridgestone Australia Ltd
o Wholly owned by Bridgestone Corporation- a $30 billion global company with over 300 stores in Australia
o Tenant pays all outgoings including land tax, capital works & management
o 3% fixed annual rental increases
o Near new build with significant depreciation benefits
o 1,491sqm site directly opposite brand new Bunnings in thriving growth corridor
o Net income of $114,736p.a. as at 31 March 2021
The property is for sale by way of the JLL Metropolitan Retail Investments March Portfolio Auction. The Auction will be held on Thursday 8 April 2021 at the Calile Hotel - 48 James Street, Fortitude Valley QLD
Remember to mention you found this property on CommercialReady.com.au
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Tenanted Investment
1. Property Summary
Land Area
1,491 m² (*approx)
2. Property Highlights
PREMIUM TYRE & AUTO INVESTMENT – OPPOSITE NEW BUNNINGS
- 10 year net lease to Nov 2027 + options
- Fixed 3% annual rent increases
- Net income $114,736 pa + GST
JLL Metropolitan Retail Investments are proud to present to the market Bridgestone Plainland for Sale via Auction.
The property has the following key characteristics:
o 10 year lease expiring 2027 to Bridgestone Australia Ltd
o Wholly owned by Bridgestone Corporation- a $30 billion global company with over 300 stores in Australia
o Tenant pays all outgoings including land tax, capital works & management
o 3% fixed annual rental increases
o Near new build with significant depreciation benefits
o 1,491sqm site directly opposite brand new Bunnings in thriving growth corridor
o Net income of $114,736p.a. as at 31 March 2021
The property is for sale by way of the JLL Metropolitan Retail Investments March Portfolio Auction. The Auction will be held on Thursday 8 April 2021 at the Calile Hotel - 48 James Street, Fortitude Valley QLD
Remember to mention you found this property on CommercialReady.com.au
Read More
