Raine and Horne Commercial is pleased to offer 106 Potassium St, Narangba to the market for sale.
The property represents an excellent opportunity for an investor seeking to acquire a premium investment with two international tenants on strong lease terms.
The property is located within the booming northern industrial precinct of Narangba which is predominantly owner occupied and as such, investment opportunities like this rarely become available.
Key characteristics of this property include:
* Security of Honicel Australia Pty Ltd and Petro Industrial Pty Ltd as tenants
* Strong lease terms with options
* Currently returning $506,471pa Net
* Tenants pay 100% of outgoings
* Excellent access to Bruce Highway
* Substantial deprecation benefits
* Building Area – 4,232sqm approx.
* Total Site Area – 1.0 hectares approx.
For further information or comprehensive IM please contact Nick Bandiera and Lawrence Temple of Raine and Horne Commercial.
Listing ID: 4014666