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1-17 Knight Street Park Avenue, QLD 4701

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1-17 Knight Street,
Park Avenue, QLD 4701

Warehouse, Factory & Industrial

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HIGH YIELD SECURED FOR 10 YEARS

  • 10 year lease
  • Fully leased to OneSteel
  • High yielding asset
1-17 Knight Street, Park Avenue represents an outstanding investment opportunity with a substantial long term holding income to one of Australia’s leading corporates. Combining a quality heavy duty industrial facility with substantial exposure to the Bruce Highway and an enviable position just minutes from the Rockhampton Central Business District, 1-17 Knight Street is sure to impress.

• Sale and leaseback to OneSteel, returning $518,250pa net plus GST on a 10 year initial term

• Situated within one kilometre of the Rockhampton CBD with exposure to the Bruce Highway

• 3,400m² GFA

• 19,200m² GI site

• Substantial overhead crane capacity and heavy duty infrastructure

• Site improved with extensive hardstand

• Stable regional diversified economy supported by long-term industries

• Sought after investment parameters including fixed yearly increases, quality corporate covenant and substantial building improvements

• Quality leaseback terms reflect high importance of this location

For sale via Expressions of Interest closing Thursday 23 October at 5pm.

Property ID: 501314579Last Updated: 11 Sep 2015

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1-17 Knight Street
Park Avenue, QLD 4701
Colliers - Brisbane
Level 30, 111 Eagle Street
BRISBANE CITY, QLD 4000
Knight Frank - Rockhampton
Level 2, 102 Bolsover Street
ROCKHAMPTON CITY, QLD 4700

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