 Asset Class: | Industrial |
 Price: | $ 1615000 |
 Net Yield: | 5.70 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | On Market |
<p>EDITING at 14/03/25 to also check if WU link and Pword pushes</p><p></p><p>EDITING at 13/3/25</p><p></p><p>Presenting an exceptional commercial investment opportunity in the thriving North Lakes business precinct. This 401m² industrial warehouse/office unit offers a strategic combination of functional space and prime location, positioned prominently on Flinders Parade.</p><p>The property comes with a secure income stream, having just secured Heart-Led Support (NDIS Business) on a fresh 25-month lease term with an 11-month option, generating $92,230 per annum plus outgoings and GST. The lease includes built-in rental growth with 4% or CPI reviews, whichever is greater.</p><p>The unit features a versatile layout with warehouse space, showroom/reception area, mezzanine storage, and dedicated office space. With five allocated car spaces and container height roller door access, the property offers excellent functionality for its industrial purpose.</p>
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<p>North Lakes is a thriving commercial hub located in Brisbane's northern growth corridor. The area benefits from excellent connectivity via the Bruce Highway and is surrounded by established residential communities.</p><p>The property enjoys <strong>strategic positioning</strong> within a premium business precinct, with immediate proximity to major retailers including <strong>Westfield North Lakes, Bunnings, and Costco</strong>. The location offers excellent exposure and accessibility, making it highly attractive for businesses requiring a prominent presence.</p>
Additional Location Information File<p><strong>Tenant: Heart-Led Support</strong> (NDIS Business)<br><strong>Lease Term: 25 months with 11-month option</strong><br><strong>Commencement: November 1st, 2024</strong><br><strong>Final Expiry: December 1st, 2026</strong></p><p>The tenant operates in the stable NDIS sector, providing essential support services. The fresh lease term demonstrates their commitment to the location and provides investors with immediate income security.</p>
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<p>The property presents compelling investment metrics:</p><p><strong>Net Annual Rental: $92,230 + Outgoings + GST</strong><br><strong>Outgoings: $8,684 PA</strong></p><p>The lease structure includes annual rent reviews at 4% or CPI (whichever is greater), ensuring strong rental growth potential. The tenant is responsible for all outgoings, creating a secure net income stream.</p>
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<ul><li>Prime industrial location with high-exposure frontage to Flinders Parade</li><li>Newly secured NDIS tenant on 25-month lease with option</li><li>Strong rental return of $92,230 PA + Outgoings + GST</li><li>Built-in rental growth with 4% or CPI reviews</li><li>Versatile 401m² layout with warehouse, office and mezzanine</li><li>Container height roller door access</li><li>Five dedicated car spaces</li><li>Modern internal amenities</li><li>Close proximity to major retailers including Westfield, Bunnings & Costco</li><li>Strategic position in established North Lakes business precinct</li></ul>
