LJ Hooker Commercial & Southwest QLD is pleased to present 71 Feather Street to the market. The property is being offered by Expressions of Interest and presents a real opportunity for an investor to purchase a quality asset.
Jemena is an international company which has been in Roma for many years and has executed a 4.5-year lease which expires in September 2028. The improvements were constructed about 16 years ago and are in excellent condition.
Lease Details:
- 4.5 Year lease in place until September 2028
- Net income of $71,860.63* per annum plus GST
- All outgoings recoverable
- Annual reviews of CPI or 4%; whichever is greater
The main improvements comprise:
First Level:
- 4 individual offices
- Conference room
- Kitchen
- Airconditioned
Ground Level:
- Airconditioned reception/ office
- Meeting room
- Tool and storage room
- PWD WC & Shower
- Warehouse
- Roller doors to yard area & wash bay
Other Improvements:
- Undercover wash bay & adjoining store area
- 20 carparks
- Concrete apron off warehouse
- Security fenced
- Rainwater tanks
For more information, contact Shane Kennett of LJ Hooker Commercial Toowoomba & Southwest QLD on 0407 161 513.
Approx*