109 Bamford Lane,
Kirwan, QLD 4817
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Map of 109 Bamford Lane
Government Leased Asset || Yield 7%
- Net income $128,292* pa (ex GST)
- Lease to 31 October 2027 + options
- Tenant in occupancy over 20* years
- Freestanding office building located amidst one of Townsville's most populated suburbs
- 4 year lease commencing 1 November 2023 plus 2 x 2 year options
- Leased to the State of Queensland, Department of Youth Justice, Employment, Small Business and Training who have been in occupancy of this property for over 20* years
- Net income of $128,292* pa (ex GST)
- Fixed 3% annual increases and market reviews at options
- Single level building totaling 750m²*
- Enormous land area of 3,237m²* with concreted car parking to accommodate 44* vehicles
- Good exposure and located directly opposite Parkside Plaza neighbourhood shopping centre, anchored by Woolworths
- Modest current rental rate of $230* per sq.m (plus GST) gross / $172* per sq.m (plus GST) net
- Brand new floor coverings and new internal paint completed 2024*
- Full air conditioning replacement completed 2021*
For further information or to arrange an inspection, please contact Todd Walsh at Colliers.
*Approx.
^Outlines / markups indicative only
- 4 year lease commencing 1 November 2023 plus 2 x 2 year options
- Leased to the State of Queensland, Department of Youth Justice, Employment, Small Business and Training who have been in occupancy of this property for over 20* years
- Net income of $128,292* pa (ex GST)
- Fixed 3% annual increases and market reviews at options
- Single level building totaling 750m²*
- Enormous land area of 3,237m²* with concreted car parking to accommodate 44* vehicles
- Good exposure and located directly opposite Parkside Plaza neighbourhood shopping centre, anchored by Woolworths
- Modest current rental rate of $230* per sq.m (plus GST) gross / $172* per sq.m (plus GST) net
- Brand new floor coverings and new internal paint completed 2024*
- Full air conditioning replacement completed 2021*
For further information or to arrange an inspection, please contact Todd Walsh at Colliers.
*Approx.
^Outlines / markups indicative only
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Property ID: 504620196Last Updated: 11 Sep 2024
Colliers - Townsville
Level 1, 42 Sturt StreetTOWNSVILLE CITY, QLD 4810
0408 061 0...
109 Bamford Lane
Kirwan, QLD 4817
Colliers - TownsvilleLevel 1, 42 Sturt Street
TOWNSVILLE CITY, QLD 4810
TOWNSVILLE CITY, QLD 4810
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