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16 Boogan Road, Boogan, QLD, 4871

Properties / Buy / Queensland / Boogan

Tenanted Investment

1. Property Summary

Selling Method

EOI

Selling Details

Closing at 4pm on the 27th of March 2024.

Land Area

25,500 m² (*approx)

Property Type

Industrial, Other, Land

Sub-type

Office/Warehouse

Terms

Brand New 12-year lease until 2036 + options until 2056

Est. Income

$559,605 p/a

Fully Leased

VISY

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2. Property Highlights

VISY Innisfail

Net Annual Rent: $559,605pa
Brand new industrial investment
Brand new 12 year lease to VISY

Cushman & Wakefield National Investment Sales are delighted to present VISY Innisfail to the market for sale via Expression of Interest closing at 4pm on the 27th of March 2024.

VISY Innisfail offers the following key attributes:

- Brand new industrial investment to be completed in July 2024

- Brand New 12-year lease to VISY until 2036 + options until 2056

- Leased to VISY (150 operations globally and $9.6b revenue in 2023)

- Tenant pays 100% of the outgoings

- 5,009m2 Net Lettable Area

- Triple Net Lease Structure

- Attractive 3.0% increases

- Strategically positioned on the intersection of Boogan Road and the Bruce Highway

- Situated on a 2.555Ha commanding corner site

- Located 10 minutes south from the Innisfail CBD

- Innisfail is part of Queensland’s Cassowary Coast (population 30,000)

Net Annual Rent: $559,605pa

For further information, to arrange an inspection or to access the due diligence data room, please contact Daniel Cullinane, Patrick Birchley or Evi Meka of Cushman & Wakefield National Investment Sales.

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