Tenanted Investment to International Company with Development Upside
Coldwell Banker Commercial Property Group are pleased to offer for sale
34 Union Circuit, Yatala as a tenanted investment.
The property is fully leased to international tenant TES-AMM Australia Pty Ltd who are a global leader in IT recycling solutions. The property boasts the following features:
- 1,920sqm clear span warehouse, offices and amenities
- 130sqm of additional engineered approved mezzanine
- Building sits on 5,854sqm total land area
- Warehouse is accessed via 7 container height roller doors
- Two tonne gantry crane servicing the rear two roller doors
- Approximate nett income of $250,000 as at 1st December 2017
- Strong review structure (greater of CPI or 3.5%)
- Triple Nett Lease with all outgoings paid by Tenant
- The low building coverage allows for future building expansion of approximately 900sqm
This unique opportunity is situated in the heart of the Yatala Enterprise Area. Ideally located between the two largest consumer markets of Brisbane and the Gold Coast with direct access from the M1 via Exit 38 and Exit 41 in both north and south directions.
Contact Exclusive Agents Luke Mullen and Paul Bates for detailed Information Memorandum