Expansive Industrial Landholding Leased to Leading Auto Parts Provider
Burgess Rawson is pleased to offer to market Tranzmile located at 4 Barron Park Drive, Kingaroy QLD for sale via our Investment Auction Portfolio 160.
The property has the following investment highlights:
+ Seven (7) year net lease to Tranzmile Pty Ltd to 2028
+ Three (3) further five (5) year options to 2043
+ Landlord friendly net lease structure with tenant paying all outgoings
+ Favourable annual CPI rental reviews (last review 6.1%)
+ Tranzmile Pty Ltd: leading independent supplier of truck and trailer parts with exclusive distribution to Australia and PNG of Q8 Oils automotive range, and 6 branches and 7 authorized resellers across QLD and NSW
+ Expansive 3,748sqm* freehold site with 830sqm* NLA showroom/warehouse accommodation offering depreciation benefits
+ Versatile modern construction showroom/warehouse with favourable Medium Impact zoning that caters to a variety of industry activities, offering long-term flexibility for future tenants
+ Unique large landholding with 1,200sqm* of vacant land located at the rear of the property, offering ample hardstand for heavy vehicles and substantial future redevelopment opportunities
+ Strategically located adjacent to the Bunya Highway, a key roadway connecting the South Burnett Region with exposure to over 8,500 passing vehicles daily*
+ Conveniently positioned 250m* from national retailers including Toyota, Kia, Haymans, Norco, Tyreright and United Petroleum
+ South Burnett Region: a key industrial growth corridor of Queensland with a diversified economy boasting a GRP of $1.94 billion*
+ Net Income: $117,389 pa** + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 11 May 2023
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
**Assuming June CPI increase at 7%
Remember to mention you found this property on CommercialReady
