Freestanding commercial office & laboratory leased to ASX listed Australian Laboratory Services

This freestanding commercial property is leased to long-term tenant Australian Laboratory Services.

ALS Limited (ASX: ALQ) is a Brisbane-based company that provides testing, inspection, certification, and verification services from over 370 sites in 65 countries and employs 19,000 staff.

Features include:
• Building area: 336 sqm
• Land area: 800 sqm
• Zoned: Mixed Use
• Leased to ALS since 2017
• 10KW 3 phase solar system providing reduced energy costs for the tenant
• Corner position with large on-site car park
• Net income of $57,947 p.a. + GST
• Tenant pays 100% of outgoings
• Lease expiry 30/11/2027 with options

The property is conveniently located in Townsville's largest suburb, Kirwan, near major shopping and entertainment facilities.

Townsville is the 13th largest city in Australia and has the largest population base in Northern Australia. The Townsville Region has one of the most diverse economies in Australia, with a Gross Regional Product of $15.8 billion.

For sale by Offers to Purchase closing 15 October 2024, unless sold prior.

Please contact marketing agents Ray White Commercial Townsville to receive an information memorandum or arrange an inspection.

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