275-283 McDougall Street, GLENVALE QLD

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275-283 McDougall Street, GLENVALE

Sold For $23,000,000

Floor Area 7011m²
Land Area 3.50 ha
178

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For Sale

Property Details

Property Type
Industrial/Warehouse

Offices

Showrooms/Bulky Goods

Land 3.50 ha

Floor 7011m²

Parking 178

Multi Award Winning Regional Investment

Highlights

  • Leased to The FKG Group
  • New 9-year triple net lease
  • Multi award winning facility

  • The LJ Hooker Commercial QLD Investment Team are delighted to present the FKG Group's Australian Head Office to the market for sale via Expressions of Interest closing at 4pm on the 7th of October 2020.

    Underpinned by a new 9-year lease to a multi award winning construction and engineering company in FKG, this asset offers the astute investor the rare opportunity to acquire a strategic landholding offering a diverse range of purpose built amenity including a corporate head office and a range of 'best in class' warehouse and hardstand facilities.

    Features include:
    - Leased to The FKG Group
    - Triple net 9-year lease to 2029 with options until 2047
    - Outgoings 100% payable by the tenant
    - 2.5% annual increases assuring growth
    - Gross floor area of 7,011m�
    - Strategic land holding comprising 3.5Ha
    - Award winning corporate head office and warehouse facility
    - 178 exclusive car parks
    - NABERS Rating 3.5 Stars

    Net Annual Income: $1,550,000• pa + GST

    For further details, a copy of the information memorandum or to organise an exclusive inspection please contact Markus Eames or Daniel Cullinane of the LJ Hooker Commercial QLD Investment Team.

    Property Brochures

    • Property ID VUBG6F

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    For Sale

    Property Details

    Property Type
    Industrial/Warehouse

    Offices

    Showrooms/Bulky Goods

    Land 3.50 ha

    Floor 7011m²

    Parking 178

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