4 George Mamalis Place,
Callemondah, QLD 4680

LJ Hooker Commercial Brisbane have been engaged by the owners and developers of the industrial building at 4 George Mamalis Place, Callemondah, Qld, 4680 to sell this property for them. The property possesses the following key features:

* A fully leased industrial building located in the Gladstone suburb of Callemondah, in the town’s newest and best industrial estate;
* Gladstone is one of the true powerhouse regional economies in the state of Queensland;
* The current tenant is Onsite Rental Group, a national specialist rental equipment business with locations all over Australia;
* Current net annual rental income of $146,594 plus GST;
* Current three-year lease term expires on 4 April, 2022, with the tenant holding a further three-year option;
* Total land size of 3,998 square metres, located on one title;
* The underroof area includes 336 square metres of office spread over two levels, 504 square of clearspan warehouse and 115 square metres of undercover awning to the rear of the warehouse;
* Properties similar to this, with this sort of return on offer and quality of tenant, are as rare as they come;

PRICE: Offer to Purchase
BUILDING AREA: 955 sqm
LAND AREA: 3,998 sqm