JLL is pleased to present to the market For Sale the North Lakes Industrial Trade Centre, a near-new Large Format Trade Centre situated within the tightly held North Lakes precinct. Situated in one of Queensland’s fastest-growing catchments, 30 Torres Crescent provides an opportunity to acquire a truly defensive / essential service investment underpinned by an unrivalled strength of covenant.
Features of the property include:
- Securely leased to Total Tools, Burson Automotive, BSC / CBC (Motion Asia-Pacific), and Urban Outdoor Power Equipment (Stihl / Toro)
- 3,080sqm* of GFA with highly adaptable building design & broad zoning allowing maximum flexibility
- Situated on prominent 6,761sqm* site with unique four street exposure
- Fully leased net income of $696,591 (net)
- 6.18-year WALE with highly favourable staggered lease expiries
- Strong security in place and fixed review structures ensuring income growth
- 90% of income underpinned by secure international / national tenants who are classified as essential services
- Located in Australia’s 3rd largest LGA which continues to benefit from significant infrastructure investment
- Direct access to one of the fastest-growing populations in Queensland
North Lakes is located 25km* north of the Brisbane CBD, 20* minutes from the Brisbane Airport and 30* minutes from the Sunshine Coast. The property is ideally positioned on Torres Crescent, with over 100m of direct exposure to Diamond Jubilee Way - one of the busiest roads in the region. Its location is widely recognised as the go-to trade destination with Bunnings, RSEA, Haymes Paint, Betaboard, Costco and Road Tech Marine all within walking distance.
The property is being sold via Expressions of Interest closing Thursday the 14th of October at 4pm (AEST).
For more information or to arrange an inspection, please contact the exclusive agents from JLL.
*Approx.
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