2 Doric Court, QUOIBA – SOLD

High Yielding Industrial Investment - Secure Leases To Telstra & Doric Engineering


An exceptional investment opportunity generating solid rent return of $47000 p.a net, underpinned by a long term ground lease (mobile phone tower) to Telstra:
- 10 year term to 2023 plus options to 2038
- current rent $15000 p.a excl. of GST paid yearly in advance
- 4% annual reviews
Balance of property is under lease to innovative manufacturer and supplier of specialist
mining and logistics equipment Doric Engineering :
- Renewed 4 year term to 2023 plus option to 2027
- Rent $32,000 p.a excl. of GST (1 July 2019)
- CPI annual reviews

Land area 5003 sqms
Building area approx. 1835 sqms

Contact Ian Singline for further details.

Property Info

Agent Contact

Ian Singline


0419 820820

Property Type


Land Area


Building Area

1835 sqm

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