High Yielding Industrial Investment Leased to International Mining Productivity Partner
Burgess Rawson and Jays Real Estate are pleased to offer to market Epiroc located at 41-43 Commercial Road, Ryan (Mount Isa) QLD for sale via our Investment Auction Portfolio 158.
The property has the following investment highlights:
+ Landlord friendly 3 year net lease with 3 year option to International Mining and Infrastructure Company - Epiroc (EPI-A)
+ Epiroc (EPI-A): a Swedish manufacturer of mining and infrastructure equipment based in Stockholm, Sweden, with major offices in over 150 countries and a market capitalisation of $34.570 billion AUD
+ Long term tenant commitment with a head office lease to Epiroc Australia - tenant has been at same location for over 25 years, ensuring income security for landlord
+ Attractive landlord-friendly, net lease structure with tenant paying all outgoings as per lease, including land tax as a single unit holding
+ Favourable annual CPI rental reviews (uncapped)
+ Rare 4,143sqm* freehold site with 1,131sqm* NLA of newly renovated workshop/office space across two separate buildings
+ 1,820sqm* total hardstand - 685sqm* of 170mm reinforced concrete hardstand, which caters for heavy vehicles and machinery, and 670sqm* of 100mm concrete hardstand
+ Favourable Medium Impact Industrial Zoning for releasing or any future development (STCA)
+ Highly desirable corner site location with dual street access from Enterprise Road and Commercial Road
+ Strategically located to service Mount Isa's $1.24 billion mining industry
+ Mount Isa: the largest economic, logistic and service centre of Northern Australia
+ Net Income: $120,000* pa + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 23 February 2023
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*approx.
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