FREEHOLD IS FOR SALE NOT THE BUSINESS.

The property is located on Childers Rd, a main artery into Bundaberg and close to the intersection of the new ring road. The property is not flood affected.

Total site area is 17,350sqm.

The property is offered for sale at a purchase price of $2.2m

The company will enter into a 5 + 5 year lease and rental agreement upto 9% of purchase price.
$198,000 net return + GST
Tenant pays all outgoings.
The company is National Poly Industries Group which is a privately owned manufacturing and marketing company servicing Qld, NSW, Victoria & SA. Since the companies acquisition by the current owners in 2004 NPI has grown to become Australia’s largest manufacturer of water tanks and associated storage products. The company is a key supplier to national chains such as Bunnings, Mitre 10, Landmark & Reece. The company also markets to a wide range of builders and has a network of over 800 agents selling. In addition the company manufactures and markets the award winning range of Polycraft recreational trailer boats from 3m to 6m through an Australia wide network of over 40 dealers. The company has been established on the site since 1985.

Why the property is for sale:-
In 2004 the purchase of the company included the land and buildings. As the company has grown the business has focused on leasing of land and buildings from previous owners.

The company’s board has decided that as a national business the company should rationalize the real estate assets and focus the proceeds to further expansion of the business.