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27 Neumann Road Capalaba, QLD 4157

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27 Neumann Road,
Capalaba, QLD 4157

Warehouse, Factory & Industrial

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INVESTMENT SALE - SECURE LONG TERM TENANT

27 Neumann Road, Capalaba

Located in the heart of Capalaba’s Industrial Estate, this freestanding industrial building offers approximately 973m2 of building area (including approximately 260m2 of high quality air conditioned Ground & Mezzanine Level Office) plus a 165m2 (approx) load bearing storage mezzanine erected on a 1,536m2 ‘Industrial B’ zoned allotment. Access to the warehouse is via an ‘extra wide’ front container height roller door and two rear roller doors opening to a covered storage/staff amenities area. The property also offers generous on site parking and a large hardstand suitable for loading/unloading of shipping containers.

Other Features Include:
• Amenities on Both Office Levels * Added Bonus of DA for Food Processing
• Extensive 3 Phase Power * Zoning suits Manufacturing & Warehouse Uses
• Trade Waste Connections * Full Perimeter Fencing

The tenant is a well established Commercial Refrigeration company with a long & successful track record. The lease provides for a Bank Guarantee of two (2) months rental as additional security.

TENANT - Bird Refrigeration
NETT RENTAL - $130,208.33
TERM - 5 Years
OPTION - 5 + 5 Years
COMMENCEMENT - 1st July, 2009
RENT INCREASES - 4% Annually; Review to Market @ Option

*All Outgoings (excluding Land Tax) payable by the Tenant

PRICE - $1,695,000

Property ID: 5889556Last Updated: 5 Dec 2013

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27 Neumann Road
Capalaba, QLD 4157
RWC - Bayside
1/76 Old Cleveland Road
CAPALABA, QLD 4157

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