 Asset Class: | Industrial |
 Price: | $ 964870 |
 Net Yield: | 6.00 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | Off Market |
Presenting <span style="color:rgb(0, 0, 0);">quality industrial investment at 14/47 Cook Court North Lakes 4509 QLD Australia. The 2022 built property presents a quality strata titled asset, leased to an established business, and is situated on high profile North lakes Business Park. </span><br><br>The property comes with a net lease of 3-years with further 2 x 3 years in options to 2032 and the lease also boasts landlord friendly 3% or CPI annual annual increases. <br><br>Single-tenant investments positioned in high growth areas are rarely available on the market. Therefore, we encourage your strong consideration of this outstanding<br>investment opportunity.
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North Lakes is an expansive master planned community developed by leading developer, Stockland. North Lakes creatively brings together a variety of uses including industrial, trade, showroom, commercial, residential, education and community facilities creating a truly unique and vibrant community. Upon completion, the development<br>is now home to over 25,000 people and has created employment opportunities for an estimated 14,000 people.<br><br>North Lakes is located <b>25km* north of the Brisbane CBD, 20* minutes from the Brisbane Airport and 30* minutes from the Sunshine Coast</b>. The subject property provides access to Diamond Jubilee Way through to Boundary Road and the Bruce Highway North and South, ideal for users looking for quick and efficient connectivity to Northern<br>and Southern market. The area is serviced by a mix of transport solutions including public transport services (bus and rail) as well an abundance of amenity within close proximity including North Lakes Town Centre and Westfield Shopping Centre.<br><br>North Lakes, connecting all the way to Queensland’s first Costco, the largest Bunnings store in Queensland and furthermore IKEA, the Swedish furniture and homewares giant.
Additional Location Information File<span style="color:rgb(31, 31, 31);font-weight:normal;">The Festive Emporium</span><br><a style="color:rgb(44, 123, 208);display:inline;" target="_blank" href="https://www.thefestiveemporium.com.au/"><u>The Festive Emporium - Whimsical Christmas Decor & Unique Lighting</u></a>
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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(36, 36, 36);font-weight:normal;font-style:normal;">Leased to The Festive Emporium on a 3 year lease + 2 x 3 year options (lease started 1/02/2023)</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(36, 36, 36);font-weight:normal;font-style:normal;">Current net return $57,892.20 + outgoings and GST with 3% or CPI annual reviews</span></p></li></ul>
Additional Financial Information FileInitial Term:
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Security Info:
Refer to attached file
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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(0, 0, 0);font-weight:normal;font-style:normal;">Tightly held location</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(44, 46, 51);background-color:rgb(250, 250, 251);font-weight:normal;font-style:normal;">223sqm* Boutique Warehouse Unit</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(44, 46, 51);background-color:rgb(250, 250, 251);font-weight:normal;font-style:normal;">173sqm* High Bay Clear-Span Warehouse</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(44, 46, 51);background-color:rgb(250, 250, 251);font-weight:normal;font-style:normal;">50sqm* Mezzanine with 6KPa* Load Bearing</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(44, 46, 51);background-color:rgb(250, 250, 251);font-weight:normal;font-style:normal;">Great Natural Lighting</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(44, 46, 51);background-color:rgb(250, 250, 251);font-weight:normal;font-style:normal;">Bathroom & Kitchenette Amenities</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(44, 46, 51);background-color:rgb(250, 250, 251);font-weight:normal;font-style:normal;">Unique and Highly Desirable Signage/Exposure to the Bruce Highway and Boundary Road</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(44, 46, 51);background-color:rgb(250, 250, 251);font-weight:normal;font-style:normal;">Walking Distance to an Abundance of Local Amenity</span></p></li></ul>
