144 Flinders Parade,
North Lakes, QLD 4509

Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial

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Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000

04031498...

144 Flinders Parade

North Lakes, QLD 4509

04031498...

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Irreplaceable Location Leased to Nations Market Leader

Brand new showroom and warehouse
Prime North Lakes location
Net Income $274,549 pa + GST

Cushman & Wakefield are pleased to present to the market 144 Flinders Parade, North Lakes for Sale via Offers to Purchase.

The property has the following key characteristics:
• 10 year lease to 2029 + options to 2039
• RSEA Pty Ltd - Head lease to Australia’s largest independent safety business with 70+ locations
• Brand new showroom and warehouse offering significant tax depreciation benefits
• Prime location situated next to McDonalds and Taco Bell. 250m from Costco and QLD's largest Bunnings store
• Abundant on site parking with 20+ spaces allocated
• Easily accessible location within direct proximity to key road infrastructure including the Bruce Highway and the Gateway Motorway
• North Lakes - Australia’s award-winning master planned community and QLD’s fastest growing region
• Lease secured by $165,000 bank guarantee
• Tenant pays 100% of all usual outgoings (including Land Tax and Management Fees)
• Fixed 3% or CPI (whichever is greater) annual rent increases
• Net Income $274,549 pa + GST

For more information please contact the Exclusive agents at Cushman & Wakefield.

Property ID: 503164454Last Updated: 10 Jul 2019

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Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000