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Kip Happy Stays, 353 Narangba Road, KURWONGBAH, QLD, 4503

2. Property Highlights

Brand New 20 Year Triple Net Lease to National Tenant | 2.4ha Site
  • 20 year lease plus 6 x 10 year options
  • Fixed 3% annual rent increases
  • Net Income of $138,000 + GST

+ Brand new 20-year net lease plus 6 x 10 year options to 2101

+ Kip Happy Stays: Australia’s largest provider of pet boarding with 18 sites across the country

+ Rare triple net lease - tenant pays all outgoings including land tax and structural repairs

+ Fixed 3% annual rental increases

+ Capital intensive and well maintained improvements of over 1,300sqm

+ Moreton Bay: one of Australia’s fastest growing regions and nearby to North Lakes precinct

+ Net Income of $138,000pa + GST

For Sale by Investment Portfolio Auction

10:30AM (AEST) Thursday 16 December 2021

Hilton, Brisbane

Remember to mention you found this property on CommercialReady.com.au

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3. Property Location

Kip Happy Stays, 353 Narangba Road, KURWONGBAH, QLD, 4503

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4. Due Diligence

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Kip Happy Stays, 353 Narangba Road, KURWONGBAH, QLD, 4503 Kurwongbah
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