Owner
10 year lease to 2027 plus options through to 2037 Veolia: Multi billion dollar global waste management company with 163,000 employees, Market Cap of €11.33B (Paris Stock Exchange) Large 5,150 sqm site, positioned within major Gold Coast Industrial Precinct Versatile 1,641 sqm high clearance warehouse plus mezzanine office and substantial hardstand Easy access to Pacific Motorway (M1) and Gold Coast arterial network Net Lease with tenant paying all outgoings Incl Land Tax as per the lease Annual CPI or 4% rental increases, whichever the greater The site is currently utilised as truck depot, but is soon to be transformed into a waste transfer station with major capital outlay from Veolia Single tenant investment with minimal management required Net Income: $260,000 pa + GST (August 2018) Featured Details Current Tenant Tenanted Gross Building Area 1641 sqm Land Size 5,150 sqm
Location: 225 St Georges Terrace, Perth WA 6000, Australia
Contact No. ******0288 View
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