459-461 GOLDEN FOUR DRIVE, TUGUN QLD
Tugun Beach IGA This transaction set a new benchmark (sub 4 per cent fully-leased yield) for IGA’s in Queensland. Moreover,…
9 & 11 Guardhouse Road, comprises two adjoining modern industrial facilities situated within the established northside industrial locality of
Banyo.
The properties are erected on two allotments totalling 4,051m2, and has a gross floor area of 2,389m2, which comprises 468m2 (20%) office space and 1,921m2 (80%) of warehouse space.
The office is spread over two levels and provides corporate grade air- conditioned office space.
The warehouse provides high clearance (8m) clear span warehouse space which is accessed via multiple container height roller doors.
Ancillary improvements comprise onsite parking, concrete driveway, landscaping and boundary fencing.
The property is situated within Banyo which is one of Brisbane’s premier norhtside industrial localities, and enjoys easy and direct access to major transport nodes including the Gateway Motorway.
The lease is for an initial term of 4 years, with 2 x 2 year options, and with fixed annual reviews of 3.25%. Commencement rental is $295,000 pa net ($123/m2).
Lease Overview | |
Lessee: | Computershare Communication Services Pty Ltd |
Area: | 2,389m2 |
Commencement: | 1 November 2017 |
Term: | 4+2+2 Years |
Rent Reviews: | 3.25% |
Rental: | $295,000 pa net |
$/m2: | $113 |
Tugun Beach IGA This transaction set a new benchmark (sub 4 per cent fully-leased yield) for IGA’s in Queensland. Moreover,…
Built upon the site is a two level commercial building with 8 car parks, originally purpose built by Commonwealth Bank…