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Davidson Property - Carrara

10 Hope Street Nerang, QLD 4211

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10 Hope Street,
Nerang, QLD 4211

Warehouse, Factory & Industrial • Development Sites & Land

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$2,100,000

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Floor area

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Davidson Property - Carrara
Commercial Leasing Department
Kyle Davidson

Davidson Property - Carrara

1D/91 Upton Street
BUNDALL, QLD 4217
Davidson Property - Carrara
10 Hope Street
Nerang, QLD 4211

Map of 10 Hope Street

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Prime Industrial Investment in Nerang, with Upside

  • Land Area 2,023 sqm
  • Building Area 317 sqm
  • Net Income $88,000 pa net
Comprising a well-presented, purpose-built facility housing a long established and successful scaffolding supply business, this property is well positioned in the popular Nerang Industrial Precinct, within minutes of both Nerang Township and the M1.

The property is offered to market as a secure investment with a new five-year lease to long standing occupier, Source Scaffolding.

- Secure, new five-year lease to commence from date of settlement

- Net annual income $88,000 per annum excl GST

- Strong annual rental increases of 3%

- Net lease with tenant paying 100% of building outgoings

- Potential future development upside

For Sale Via Expressions of Interest Closing Friday 17 June 2022.

Contact Exclusive Agents Kyle Davidson & Mike Ward today for the Information Memorandum.

Property ID: 504075251Last Updated: 19 Aug 2022

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