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91 Hanson Road, GLADSTONE CENTRAL, QLD, 4680

2. Property Highlights

Prime Freehold Showroom/Warehouse Investment
  • Renewed lease with option to Sept 2027
  • 100% of outgoings paid by tenant
  • Greater of 4% or CPI annual increases

+ 3 year lease to September 2024

+ 3 year option through to September 2027

+ Favourable net lease structure, with tenant paying 100% of outgoings as per lease, including land tax

+ Growth assured with the greater of 4% or CPI annual rental increases

+ Large 2,212sqm freehold site on major arterial road with versatile zoning

+ The current tenants have been occupation since 2014

+ Located on Hanson Road, in the heart of Gladstone’s light industrial precinct, which is exposed to over 10,000 vehicles daily

+ Wholesale Paint Group – Successful Australian company which has 6 outlets throughout Queensland and the Northern Territory

+ Gladstone – Major Central Queensland city with a population of over 63,000 and forecast to grow to over 75,000 by 2041

+ Net Income $100,425 pa + GST + Outgoings

For Sale by Investment Portfolio Auction

10:30am (AEST) Thursday 12 May 2022

Hilton Hotel - Level 5

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

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3. Property Location

91 Hanson Road, GLADSTONE CENTRAL, QLD, 4680

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4. Due Diligence

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91 Hanson Road, GLADSTONE CENTRAL, QLD, 4680 Gladstone Central
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