Back to previous step
Investment Description
_____________________________
This quality single-tenant investment is leased to Freedom Fuels, acquired 100% in December 2012 by Idemitsu Kosan Co-a publicly listed company on the Japanese stock exchange.
Idemitsu has an issued capital of $178 billion. As a very Substantial Listed Company, Idemitsu Kosan Co provides a very strong lease covenant and a very reliable rental income.
Key Demographic Features:
_____________________________
• Massive 29,800 vehicles per day; or 10.87 million vehicles per annum
• Median Property Price Indooroopilly: Houses: $1,650,000 - Apartments: $780,000
• Population within 10 minute drive: 171,773 residents
• Median Household Income: $128,615 (v $102,179 QLD).
Key Investment Features:
_____________________________
• Annual Rental Increases: Lesser of CPI or 4%
• Lease Details: 10 year initial term + 5 year option
• Current Lease expiry: June 2032 (inc options)
• Lease Type: Head office Lease to Listed Company
• Current Net Rent: $350,000 approx
For further information, please contact Stephen Kidd today on 0413 550 474
Remember to mention you found this property on CommercialReady
Ready Verified
Investment Description
_____________________________
This quality single-tenant investment is leased to Freedom Fuels, acquired 100% in December 2012 by Idemitsu Kosan Co-a publicly listed company on the Japanese stock exchange.
Idemitsu has an issued capital of $178 billion. As a very Substantial Listed Company, Idemitsu Kosan Co provides a very strong lease covenant and a very reliable rental income.
Key Demographic Features:
_____________________________
• Massive 29,800 vehicles per day; or 10.87 million vehicles per annum
• Median Property Price Indooroopilly: Houses: $1,650,000 - Apartments: $780,000
• Population within 10 minute drive: 171,773 residents
• Median Household Income: $128,615 (v $102,179 QLD).
Key Investment Features:
_____________________________
• Annual Rental Increases: Lesser of CPI or 4%
• Lease Details: 10 year initial term + 5 year option
• Current Lease expiry: June 2032 (inc options)
• Lease Type: Head office Lease to Listed Company
• Current Net Rent: $350,000 approx
For further information, please contact Stephen Kidd today on 0413 550 474
Remember to mention you found this property on CommercialReady
427 Moggill Road, Indooroopilly, QLD, 4068
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
