Prime Industrial Investment in Nerang, with Upside
Comprising a well-presented, purpose-built facility housing a long established and successful scaffolding supply business, this property is well positioned in the popular Nerang Industrial Precinct, within minutes of both Nerang Township and the M1.
The property is offered to market as a secure investment with a new five-year lease to long standing occupier, Source Scaffolding.
– Secure, new five-year lease to commence from date of settlement
– Net annual income $88,000 per annum excl GST
– Strong annual rental increases of 3%
– Net lease with tenant paying 100% of building outgoings
– Potential future development upside
For Sale Via Expressions of Interest Closing Friday 17 June 2022.
Contact Exclusive Agents Kyle Davidson & Mike Ward today for the Information Memorandum.
