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Cushman & Wakefield - Brisbane

2 Steel Street Narangba, QLD 4504

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2 Steel Street,
Narangba, QLD 4504

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

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Cushman & Wakefield - Brisbane

Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000
07 3852 22...
Cushman & Wakefield - Brisbane
2 Steel Street
Narangba, QLD 4504

Map of 2 Steel Street

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Caltex Foodary North Lakes Catchment - Brand New 15 Year Lease

  • ASX listed Caltex Australia Ltd
  • 15 year lease to 2033 + options to 2053
  • Caltex pays all outgoings incl Land Tax
Cushman and Wakefield are pleased to present to the market 2 Steel Street, Narangba (North Lakes).

The property has the following key characteristics:

• New 15 year lease commenced 2018 to Caltex Australia Petroleum Ltd – A wholly owned subsidiary of Caltex Australia Limited, as ASX50 company with a market capitalization of $8.28Billion
• Strategic corner site with large land area of 4,000sqm
• Large street frontage to Boundary Road (63 metres) and Steel Street (51 metres) with dual street access and dedicated truck refueling canopy for the strong commercial traffic in the area
• Located in Narangba, part of the broader North Lakes Precinct, rated as one of the top 5 fastest growth catchments in Australia
• Brand new site built in 2018 offering excellent depreciation benefits to a new purchaser
• Favourable environmental provisions with site remediation the responsibility of Caltex
• Tenant pays all outgoings including Land Tax
• Commencing net rental $385,000pa + GST

*Approx.

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

Property ID: 502924962Last Updated: 7 May 2019

Cushman & Wakefield - Brisbane
Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000

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