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Knight Frank - Rockhampton

9B Industrial Dr Emerald, QLD 4720

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9B Industrial Dr,
Emerald, QLD 4720

Warehouse, Factory & Industrial
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Knight Frank - Rockhampton
Adam Kelly

Knight Frank - Rockhampton

Level 2, 102 Bolsover Street
ROCKHAMPTON CITY, QLD 4700
04358129...
Knight Frank - Rockhampton
9B Industrial Dr
Emerald, QLD 4720

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  • Train stations within 5 km of 9B Industrial Dr, Emerald, QLD 4720Distance
    Emerald Station2.3 km
    POWERED BY HERE ©
POWERED BY HERE ©

10-Year Leaseback to ASX Listed Tenant

  • 3.5% annual rent increases
  • 100% of the outgoings are recoverable
  • $190,000 + GST + Outgoings per annum
Knight Frank is pleased to present this large-scale, tenanted industrial asset with significant development upside to the market.

The vendor is inviting offers on a leaseback basis, the leaseback will be a 10-year lease term with 2 x 5-year options at $190,000 + GST + Outgoings per annum.

Key features:

- Income of $190,000 + GST + Outgoings per annum to commence at settlement
- 10-year initial lease term with 2 x 5-year options
- 100% of the outgoings are paid by the tenant (including property management fees and land tax)
- 3.5% rent increases annually
- Multi-national/ASX Listed tenant in Australian Laboratory Services (ALS)
- Upcoming capital investment of the tenant exceeding $1,000,000 (STCA)
- Substantial freehold land holding of 1.72Ha
- Excellent development upside with excess land

For further information please contact Adam Kelly.

Property ID: 504725532Last Updated: 30 Oct 2024

Knight Frank - Rockhampton
Level 2, 102 Bolsover Street
ROCKHAMPTON CITY, QLD 4700

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