 Asset Class: | Industrial |
 Price: | $ 3600000 |
 Net Yield: | 6.67 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | Off Market |
Presenting an outstanding investment opportunity to acquire a 100% freehold interest anchored by an ASX listed company in highly sought after Gladstone Region. <br><br><span style="color:rgb(0, 0, 0);">This asset is </span>fully leased and diversified among 2 separate national tenancies, offers diversification, stability, and promising returns. <br><br>This prominent freehold building in the heart of Gladstone Town Centre situated atop of 4,499 m2* of Low Impact Industry Zoned land. The property is conveniently located near the Gladstone Port and the airport. <br><br>Multi-Tenanted investments positioned in high growth areas with strong lease covenants via an established national companies are rarely available on the market. Therefore, we encourage your strong consideration of this outstanding investment opportunity.<span style="color:rgb(255, 255, 255);">,</span>
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The Gladstone Region provides a population of over 60,000 people and is home to Queensland’s largest multi-commodity port. It offers an enviable lifestyle within a strong and dynamic economy. <br>With two of the world’s largest alumina refineries, Queensland’s largest multi commodity port and a number of other major industrial giants sited locally, the Gladstone region is known for its employment opportunities and skilled workforce. <br><br>The Gladstone State Development Area continues to attract large industry to the region, including coal, alumina, aluminium, cement products and liquid ammonia. <br>A recent announcement from Rio Tinto and Sumitomo via the Gladstone Regional Council states that the design study and preliminary master planning for a hydrogen system has commenced which will result in thousands of jobs to the region.
Additional Location Information File<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(31, 31, 31);"><p style="display:inline;"><span style="color:rgb(31, 31, 31);font-weight:normal;font-style:normal;">Coventry Fasteners </span></p></li></ul><a style="color:rgb(44, 123, 208);display:inline;" target="_blank" href="https://www.cgl.com.au/"><u>Home - CGL - Coventry Group Ltd</u></a><br>Coventry Group Ltd was incorporated in 1936 and has been listed on the Australian <br>Securities Exchange since 1966 (ASX Code: CYG).<br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">MaxiParts</span></p></li></ul><a style="color:rgb(44, 123, 208);display:inline;" target="_blank" href="https://www.maxiparts.com.au/"><u>MaxiPARTS - Commercial Truck & Trailer Parts Company - MaxiPARTS</u></a><br><span style="color:rgb(0, 0, 0);background-color:rgb(249, 249, 249);">MaxiPARTS is one of Australia’s leading independent commercial vehicle parts distribution companies.</span>
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2/114 Hanson Road Tenant : Real Response Area: 270 Sq Meters Current Rent : $48,079 + GST + Outgoings per annum $178m2 2/35 Hanson Road Leased 05/02/24 Tenant : Coast to Country Builders Area: 352m2 Current Rent : $35,000 + GST + Outgoings per annum $100m2 Inferior Property 73 Hanson Road Tenant : Coastal Builders Leased : 04/02/22 Area : 200m2 Current Rent : $33,693 + GST (No outgoings) $168m2 Inferior Property 17 Beckinsale Street, Gladstone Tenant: United Fasteners Australia PTY LTD $166,400 =GST + Outgoings per Annum Inferior Location Similar property Leased 01/08/2023 5x5 years 1000m2 office Warehouse $166m2 12 Warne Street Gladstone Tenant : AMP Control Superior property Inferior Location 455 m2 mostly warehouse. $220.00m2 33 Warne Street, Gladstone (Superior property . Inferior Location) Leased 29/11/2024 $100,000 + GST + Outgoings per annum Lease Term 3x3 466m2..$214m2 73 A Hanson Road, Gladstone QLD 4680 Tenant: Side by Side Scaffolding (Inferior property Similar location) Leased in October 2022 $85,000 per Annum + GST (Outgoings Inclusive) Lease Term 1x1x1 600m2 - $141 per m2 114 A Hanson Road, Gladstone QLD 4680 Tenant : Bunzl Pty Ltd (Superior Property…Similar location) Leased 2016 Term 5x5x5 Annual rent of $125,280 + GST + Outgoings 659m2 - $190 per m2 A/116 Hanson Road, 534 sqm lettable area, expires Mar 2027, $192/sqm net plus outs, gross rent of $230 /sqm - Two storey office/showroom and warehouse. B/116 Hanson Road, 372 sqm lettable area, expires July 2027, $161/sqm net plus outs, gross rent of $215 /sqm. 1/100 Hanson Road, 470 sqm lettable area, expires June 2025, $149/sqm net plus outs, gross rent of $175 /sqm.
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<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Total Land Area: 4,499 m2 </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);font-style:normal;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Total Net Lettable Area: 1,760 m2 </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);font-style:normal;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Dual Tenancy offers diversification and stability </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);font-style:normal;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Near the Gladstone Airport and the Port </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);font-style:normal;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Net Yield of 6.6% after all the outgoings </span></p></li></ul>
