2 Doric Court, QUOIBA – SOLD

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

Factory/Warehouse

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

ian@shepherdheap.com.au

0419 820820


Property Type

Factory/Warehouse


Land Area

5003sqm


Building Area

1835 sqm


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