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SOLD

32 Hawkins Place, Emerald, QLD, 4720

Properties / Sold / Queensland / Emerald

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Offers over $1,050,000

Land Area

3,778 m² (*approx)

Floor Area

340 m² (*approx)

Property Type

Industrial

Sub-type

Office/Warehouse

Terms

Renewed 3 year lease until December 2026 plus three year option to December 2029

Est. Income

$105,000 p/a

Fully Leased

Precision Energy Services

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2. Property Highlights

Leased to Multi-National Tenant - 10% Net Yield

RWC Queensland is pleased to exclusively offer for sale 32 Hawkins Place, Emerald QLD for sale by private treaty - Offers over $1,050,000.

The property presents as a well established industrial investment opportunity tenanted by a multinational company. Occupying a regular shaped 3,778sqm* site with a renewed three year lease committed until December 2026 plus a three year option.

Key investment highlights:

- Secure recently renewed 3 year lease until December 2026 plus three year option to December 2029

- Fixed 4% increases

- Tenant pays 100% outgoings

- Precision Energy Services (Australia) is a wholly owned subsidiary of global mining giant Weatherford International with a Market Cap USD7.43Bn (19 Feb 2024)

- 3,778sqm* freehold training facility which supports adjoining regional HQ

- Precision Energy Services (Australia) Pty Ltd was founded in 1961. The company's line of business includes performing geophysical, geological, and other exploration services for oil and gas.

- Significant regional centre with $15.498 billion annual output

- Net Income: $105,000 plus GST per annum

Further information is available upon request.

Remember to mention you found this property on CommercialReady

Tenanted Investment

1. Property Summary

Property Type

Industrial

Sub-type

Office/Warehouse

Est. Income

$105,000 p/a

Tenant

Precision Energy Services

Terms

Renewed 3 year lease until December 2026 plus three year option to December 2029

Land Area

3,778 m² (*approx)

Floor Area

340 m² (*approx)

Selling Method

Auction

Selling Details

Offers over $1,050,000

2. Property Highlights

Leased to Multi-National Tenant - 10% Net Yield

RWC Queensland is pleased to exclusively offer for sale 32 Hawkins Place, Emerald QLD for sale by private treaty - Offers over $1,050,000.

Key investment highlights:

- Secure recently renewed 3 year lease until December 2026 plus three year option to December 2029

- Fixed 4% increases

- Tenant pays 100% outgoings

- Precision Energy Services (Australia) is a wholly owned subsidiary of global mining giant Weatherford International with a Market Cap USD7.43Bn (19 Feb 2024)

- 3,778sqm* freehold training facility which supports adjoining regional HQ

- Precision Energy Services (Australia) Pty Ltd was founded in 1961. The company's line of business includes performing geophysical, geological, and other exploration services for oil and gas.

- Significant regional centre with $15.498 billion annual output

- Net Income: $105,000 plus GST per annum

Further information is available upon request.

Remember to mention you found this property on CommercialReady

32 Hawkins Place, Emerald, QLD, 4720 Emerald

RWC Queensland

Level 26, ONE ONE ONE, 111 Eagle Street, Brisbane QLD 4000

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Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

32 Hawkins Place, Emerald, QLD, 4720