9B Industrial Dr, Emerald, Qld 4720
Industrial/Warehouse
Contact Agent
Published on: 30 Oct 2024
Last updated on: 30 Oct 2024
Property ID: 504725532
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Key property information
Land Size
17,200.00 m2
Floor Area
1,541.00 m2
Tenure Type
tenanted
10-Year Leaseback to ASX Listed Tenant
9B Industrial Dr, Emerald, Qld 4720
Knight Frank is pleased to present this large-scale, tenanted industrial asset with significant development upside to the market. The vendor is inviting offers on a leaseback basis, the leaseback will be a 10-year lease term with 2 x 5-year options at $190,000 + GST + Outgoings per annum. Key features: - Income of $190,000 + GST + Outgoings per annum to commence at settlement - 10-year initial lease term with 2 x 5-year options - 100% of the outgoings are paid by the tenant (including property management fees and land tax) - 3.5% rent increases annually - Multi-national/ASX Listed tenant in Australian Laboratory Services (ALS) - Upcoming capital investment of the tenant exceeding $1,000,000 (STCA) - Substantial freehold land holding of 1.72Ha - Excellent development upside with excess land For further information please contact Adam Kelly.
Property Details
Basic Info
Basic Info
Property Type
Industrial/Warehouse
Listing Status
On Market
Land Size
17,200.00 m2
Address
9B Industrial Dr, Emerald, Qld 4720
Adam Kelly
Contact Agent
Email enquiry to Knight Frank - Rockhampton
Adam Kelly
Level 2, 102 Bolsover Street, Rockhampton City, Qld 4700
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Property ID: 504725532
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