 Asset Class: | Industrial |
 Price: | $ 1809000 |
 Net Yield: | 5.75 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | Off Market |
This is a great opportunity to buy an industrial asset located at 36-40 Alta Road Caboolture QLD 4510, this brand-new industrial asset situated in close proximity to major developments such as the Caboolture Corporate Park, North Harbour Priority Development, and the master plan Caboolture West Development forecasted to welcome an additional 70,000 new residents over the next 40 years represents a prime investment opportunity. <br><br>The property comes with a brand new 5-year net lease, and it also boasts investor friendly 4% annual increases. <br><br>This is one of the most hotly contested price brackets and market segments, making this a great opportunity for the investor to get ahead of the game. Secured with a 5-year net lease from an established operator at 5.75% Net return, this investment will provide great cash flow combined with strong depreciation.<br>
How old is the asset?
Vendor's reason for selling?
Days property been on market?
Is this property strata titled?
Are the seller and tenant related parties?
How long has the current tenant been on site?
How long has the tenant been in business?
Is this property in a flood zone?
Is this lease a leaseback arrangement?
<span style="color:rgb(0, 29, 53);">Mason Kitchens and Cabinets</span><br><span style="color:rgb(0, 29, 53);">Website: </span><a style="color:rgb(44, 123, 208);display:inline;" target="_blank" href="https://www.masonkitchens.com.au/"><u>Kitchens, Laundries, Walk-In Robes | Mason Kitchens and Cabinets</u></a><span></span><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;">A career spanning over 10 years in custom cabinetry</span></p></li><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;">One-on-one business dealings with the owner</span></p></li><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;">Meticulous attention to detail on all jobs</span></p></li><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;">Effortless customer service experience</span></p></li><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;">A local cabinet maker conveniently based on the northside of Brisbane</span></p></li><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;">Enjoy quality home time with limited interruptions while we carry out our work</span></p></li><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;">We’ll keep our worksite safe and clean at all times</span></p></li><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;">Clear and concise quotes available with no hidden costs</span></p></li></ul>
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Security Info:
<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;">Brand New 5 year Net Lease</span></p></li><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;">Commencement Date: 16-02-2024</span></p></li><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;">Lease End Date: 15-02-2029</span></p></li><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;">Net Income: $104,000 as of 16th February 2025</span></p></li><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;">Annual Increases: 4%</span></p></li><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;">Outgoings: 100% to be paid by the tenant including land tax and management costs</span></p></li><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 NLA: 587.7 m2 </span></p></li><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;">Rent Per Sqm: $177</span></p></li></ul>
Additional Financial Information FileInitial Term:
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Subject property: $177 Per Sqm 7/ 21-27 Beachmere Road, Caboolture QLD 4510: 491 m2 of NLA: $103,110* for 491 m2 of NLA: $210 Per Sqm 3/30 Aerodrome Road Caboolture QLD 4510: $208 Per Sqm for 374 m2 of NLA (Not a brand-new unit) 5/32 French Ave, Brendale – 327sqm - $255/sqm net (Not a brand-new unit) 30B/27 South Pine Road, Brendale – 128sqm - $253/sqm net (Not a brand-new unit) 1/15 Bailey Court, Brendale – 331sqm - $225/sqm net (Not a brand-new unit) 72 Metroplex Place Wacol 4076 QLD: 262 m2 of NLA: $280 per Sqm (Brand New) 2676 Ipswich Road, Darra - 92 sqm - $285/sqm 15/24 Technology Drive, Augustine Heights – 126sqm - $349/sqm (May 2024) 19/186 Douglas Street Oxley – 140sqm - $255/sqm
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● High end quality units with excellent corporate appeal<br>● Direct access to Bruce Highway - north & southbound <br>● Ample on-site parking<br>● Opportunity to secure a warehouse close proximity to major developments such as the Caboolture Corporate Park, North Harbour Priority Development, and the master plan Caboolture West Development<br>● Ideal for Small Businesses, Tradespersons, Storage and Corporate Users<br><span style="color:rgb(51, 51, 51);">● </span><span style="color:rgb(51, 51, 51);"><b>Siginificant depreciation benifits - Brand New Built</b></span><br>
