189 Ingram Road, ACACIA RIDGE, QLD
Freestanding Investment
For Sale: Offers Invited
Other key features of this asset include: 9,101sqm freestanding facility on approx. 2ha site. Leased to long standing Australian brand; Cox Industries (Australia) Pty Ltd; Strong Income includes 3% fixed annual increases; Fully recoverable outgoings schedule including land tax and property management;
Potential future development site with corner location.
Currently tenanted by Cox Australian Mowers, an Australian Manufacturing Company, the property generates $730,000 PA NET + GST of income.
This freestanding warehouse is a fantastic leased investment with an at market 3 year term in place with a 2 x 3 year options and 3% annual increases . The Lease will take effect upon settlement of sale.
PROPERTY SNAPSHOT
Lease Term
5 years
Net Income
$730,000pa