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SOLD

32 Hawkins Place, Emerald, QLD, 4720

Properties / Sold / Queensland / Emerald

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Offers over $1,050,000

Land Area

3,778 m² (*approx)

Floor Area

340 m² (*approx)

Property Type

Industrial

Sub-type

Office/Warehouse

Terms

Renewed 3 year lease until December 2026 plus three year option to December 2029

Est. Income

$105,000 p/a

Fully Leased

Precision Energy Services

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2. Property Highlights

Leased to Multi-National Tenant - 10% Net Yield

RWC Queensland is pleased to exclusively offer for sale 32 Hawkins Place, Emerald QLD for sale by private treaty - Offers over $1,050,000.

The property presents as a well established industrial investment opportunity tenanted by a multinational company. Occupying a regular shaped 3,778sqm* site with a renewed three year lease committed until December 2026 plus a three year option.

Key investment highlights:

- Secure recently renewed 3 year lease until December 2026 plus three year option to December 2029

- Fixed 4% increases

- Tenant pays 100% outgoings

- Precision Energy Services (Australia) is a wholly owned subsidiary of global mining giant Weatherford International with a Market Cap USD7.43Bn (19 Feb 2024)

- 3,778sqm* freehold training facility which supports adjoining regional HQ

- Precision Energy Services (Australia) Pty Ltd was founded in 1961. The company's line of business includes performing geophysical, geological, and other exploration services for oil and gas.

- Significant regional centre with $15.498 billion annual output

- Net Income: $105,000 plus GST per annum

Further information is available upon request.

Remember to mention you found this property on CommercialReady

Property Type

Industrial

Sub-type

Office/Warehouse

Est. Income

$105,000 p/a

Tenant

Precision Energy Services

Terms

Renewed 3 year lease until December 2026 plus three year option to December 2029

Land Area

3,778 m² (*approx)

Floor Area

340 m² (*approx)

Selling Method

Auction

Selling Details

Offers over $1,050,000

2. Property Highlights

Leased to Multi-National Tenant - 10% Net Yield

RWC Queensland is pleased to exclusively offer for sale 32 Hawkins Place, Emerald QLD for sale by private treaty - Offers over $1,050,000.

Key investment highlights:

- Secure recently renewed 3 year lease until December 2026 plus three year option to December 2029

- Fixed 4% increases

- Tenant pays 100% outgoings

- Precision Energy Services (Australia) is a wholly owned subsidiary of global mining giant Weatherford International with a Market Cap USD7.43Bn (19 Feb 2024)

- 3,778sqm* freehold training facility which supports adjoining regional HQ

- Precision Energy Services (Australia) Pty Ltd was founded in 1961. The company's line of business includes performing geophysical, geological, and other exploration services for oil and gas.

- Significant regional centre with $15.498 billion annual output

- Net Income: $105,000 plus GST per annum

Further information is available upon request.

Remember to mention you found this property on CommercialReady

32 Hawkins Place, Emerald, QLD, 4720 Emerald

RWC - Qld

Level 26, ONE ONE ONE, 111 Eagle Street, Brisbane QLD 4000

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Michael McCullagh

+61 *** *** *** show +61 403 426 474

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

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32 Hawkins Place, Emerald, QLD, 4720