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46 Honeyeater Circuit, SOUTH MURWILLUMBAH, NSW, 2484

+12 Photos

+14 Photos

SOLD

46 Honeyeater Circuit, SOUTH MURWILLUMBAH, NSW, 2484

Properties / Sold / New South Wales / South Murwillumbah

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Price on Request

Land Area

9,474 m² (*approx)

Floor Area

738 m² (*approx)

Property Type

Industrial, Offices, Child/Healthcare

Sub-type

Office/Warehouse, Office Suites, Consulting Rooms

Terms

Secure 15 Year Lease to 2026, plus options through to 2036

Est. Income

$444,891 p/a

Fully Leased

Commonwealth of Australia

Show All

2. Property Highlights

Commonwealth of Australia Facility

Secure 15 Year Lease to 2026
Rare 4.25% annual rent increases
Attractive Net Lease Structure

+Secure 15 Year Lease to the Commonwealth of Australia to 2026, plus options through to 2036

+An essential state-of-the-art facility servicing the Gold Coast International Airport and the wider local region

+Rare 4.25% annual rent increases, with a market review at each option and a 10% cap and collar clause

+Attractive net lease structure with the tenant responsible for all usual outgoings including unrestricted land tax and management fees

+Expansive 9,474 sqm corner site situated in a busy industrial precinct

+Constructed in 2011, providing significant depreciation benefits

+Modern single level building incorporating offices, admin and other facilities

+Strategically situated within an emerging industrial precinct, next to Storage King and metres from the Stone & Wood brewery

+Easily managed “set and forget” premium investment with Federal Government guaranteed income

+Total building area of 738 sqm plus a further 233 sqm of awning areas*

+Tweed Shire Council: High growth area with population forecast to grow by 22% to 120,000 people by 2031**

+Net Income: $448,905 pa + GST

For Sale by Investment Portfolio Auction

10:30am (AEST) Tuesday 2 August 2022

Sydney Opera House

*approx

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