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247-249 Morayfield Road, Morayfield, QLD, 4506

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247-249 Morayfield Road, Morayfield, QLD, 4506

Properties / Buy / Queensland / Morayfield

Tenanted Investment

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1. Property Summary

Selling Method

EOI

Selling Details

Closing Thursday 16 May 2024, 4pm (AEST).

Property Type

Other, Industrial, Retail

Sub-type

Warehouse Showroom, Large Format, Car Dealership

Terms

New 7 year lease with 8 x 5-year options

Est. Income

$990,000 p/a

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2. Property Highlights

Premium Automotive Portfolio

7 year WALE
Prized net lease structure
Favourable review structure

Colliers Investment Services is pleased to present to the market, the Premium Automotive Portfolio, for sale in-one-line or individually. This unique investment opportunity provides investors scale and a significant holding in the automotive industry.

Both sites are situated in south-east Queensland in one of Australia’s fastest growing LGAs providing security and long-term capital growth.

Highlights of Morayfield:

- Large land holding on major arterial road (8,699sqm*)

- 2,040sqm* building area

- $990,000* plus GST net income p.a.

- 100% leased with income underpinned by a large national car distributor

- New 7 year lease with 8 x 5-year options

- Low maintenance investment through net lease structure

- Ideal rental growth through greater of CPI or 3.5% review mechanism

The Premium Automotive Portfolio is offered for sale in-one-line or individually via Expressions of Interest closing Thursday 16 May 2024, 4pm (AEST).

*approximate

Remember to mention you found this property on CommercialReady

Dataroom

Tenanted Investment

1. Property Summary

Property Type

Other, Industrial, Retail

Sub-type

Warehouse Showroom, Large Format, Car Dealership

Est. Income

$990,000 p/a

Terms

New 7 year lease with 8 x 5-year options

Wale

7 years

Selling Method

EOI

DATAROOM AVAILABLE

Gain Access

EOI Closing Date

16 May 2024 04:00PM

Add to calendar

Selling Details

Closing Thursday 16 May 2024, 4pm (AEST).

2. Property Highlights

Premium Automotive Portfolio

7 year WALE
Prized net lease structure
Favourable review structure

Both sites are situated in south-east Queensland in one of Australia’s fastest growing LGAs providing security and long-term capital growth.

Highlights of Morayfield:

- Large land holding on major arterial road (8,699sqm*)

- 2,040sqm* building area

- $990,000* plus GST net income p.a.

- 100% leased with income underpinned by a large national car distributor

- New 7 year lease with 8 x 5-year options

- Low maintenance investment through net lease structure

- Ideal rental growth through greater of CPI or 3.5% review mechanism

The Premium Automotive Portfolio is offered for sale in-one-line or individually via Expressions of Interest closing Thursday 16 May 2024, 4pm (AEST).

*approximate

Remember to mention you found this property on CommercialReady

Dataroom

Tenanted Investment