6-8 Allen Court,
Torrington, QLD 4350
Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Shops & Retail
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Map of 6-8 Allen Court
Priced to Sell - Tenanted Investment - 5 Year Lease - 7.5% Net Yield!
- 5 year lease - 7.5% Net Yield Investment
- $125,469.40 net rent - yearly increases
- 8,082m2 medium impact industrial land!
Situated on a 8,082m2 block in the Medium Impact industry zone in Torrington, 6-8 Allen Court presents a unique opportunity to purchase a set and forget tenanted investment.
Planet Paints tenant the property and have done so for quite some time. They have just signed a new lease providing guaranteed income for the next 5 years. The property is producing a net income of $125,469 per year with annual CPI increases and the tenant pays all outgoings.
The property incorporates:
• 360m2 Warehouse / Production area
• Separate 190m2 Sales / Office area
• 100m2 Storage shed
The property has a concrete driveway for easy access and plenty of onsite car parking. Currently situated at the rear of the property there is also the potential to develop approx. 2,100m2 at the front of the property.
With direct access from one of the industrial arterial routes, Carrington Road, this property has huge potential for growth whilst receiving an income from the current tenant.
Planet Paints tenant the property and have done so for quite some time. They have just signed a new lease providing guaranteed income for the next 5 years. The property is producing a net income of $125,469 per year with annual CPI increases and the tenant pays all outgoings.
The property incorporates:
• 360m2 Warehouse / Production area
• Separate 190m2 Sales / Office area
• 100m2 Storage shed
The property has a concrete driveway for easy access and plenty of onsite car parking. Currently situated at the rear of the property there is also the potential to develop approx. 2,100m2 at the front of the property.
With direct access from one of the industrial arterial routes, Carrington Road, this property has huge potential for growth whilst receiving an income from the current tenant.
Property ID: 503316918Last Updated: 8 Nov 2019
04320552...
6-8 Allen Court
Torrington, QLD 4350
DC Commercial - TOOWOOMBA CITYToowoomba
TOOWOOMBA CITY, QLD 4350
TOOWOOMBA CITY, QLD 4350
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