Sold

NET RENT: $146,921 Per Annum, Superfund Investment With a National Tenant on a 10+5+5 Year Lease

Dairy Farmers' - Milk Distribution Depot... Port Douglas

This purpose built, brand new state of the art facility has been constructed under the strict guidelines, specifications and requirements of LD&D Australia P/L (Lion Dairy and Drinks)

This brand new facility features;
- Floor level 1.3m above hardstand
- 12m x 7m cold-room with 4m high ceilings with 2 x sliding doors
- 12m x 4m anti-room/loading dock with 4 m high ceilings
- 2 x Tieman dock levelers, with inflatable dock shelters
- State of the Art remotely monitored refrigeration systems
- Air-conditioned Office with a separate Toilet/Shower
- 6m x 11m Secure Dry Store area with external access
- 3 phase power, LED lighting, security and monitoring systems
- Landscaped, concrete pavements, car parking & truck turning areas
- Chain wire security fencing to the boundary with entry gates
- Room to expand on existing lot

Real Property Description:
- Lot 10 on SP201317
- Land Area: 2541 sq m - Freehold Title
- Title Reference: 50681577
- County: Solander
- Parish: Salisbury

Location:
Located at the end of the Boer Street, cul-de-sac, within the Craiglie Business Park, at the entrance to Port Douglas.

Craiglie Business Park is the hub of light industrial and tourism based commercial activity in Port Douglas. Many businesses large and small have setup such as Reece Plumbing, Adams Waste, Lotsa Printing, panel beaters, surveyors, a large custom built car-wash centre, building companies, cleaning companies and tour operator businesses amongst others.

Investment:
The national Tenant has signed a new lease as per below summary;
- New 10 year lease signed.
- 2 x 5 year options signed
- CPI indexed rent reviews annually except when market reviews
- Market review end of each 5 years

A full lease can be supplied on request and upon signing a confidentiality agreement.

Summary:
This is a truly passive investment. The tenant is as secure as any tenant can get. This is the only cool-room facility in the Port Douglas area. There is great depreciation available being a new property (a full schedule is available). There is room to double the size of the facility and grow this investment. This is an extremely solid investment and will provide a superior return to bank interest with a rock solid National tenant.

Features

Study
6 2,540 m2
Address Lot 10 Beor Street St, Craiglie
Price SOLD
Property Type Commercial
Property ID 171
Category Industrial/Warehouse
Land Area 2,540 m2
Floor Area 216 m2

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Agent Details

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Callum Jones

0437 981 195
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What our clients say

Friendly, professional, and quick to respond to any queries I had. Would highly recommend Myah to anyone thinking of renting a property in Port Douglas!

Josh

From our first meeting with Callum we knew we had an advocate who understood our determination to "make things happen". My wife and I were consulted all the way and his depth of real estate experience...

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I'm delighted to share my positive experience with The Pink Company! Myah, our property manager, has been exceptional, providing top-notch service and addressing any concerns promptly. Myah from The Pink...

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Knowledge excellent of area. Property marketing excellent, very quick sale

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