Rare freestanding food manufacture factory on brand new 5 year lease + options - Rent increases to $217,417.27* per year on the 1st of June

Peter Laoudikos as the exclusive agent presents 89 Lahrs Road, Ormeau. A freestanding cold storage facility situated upon a well exposed 2,500m²* corner allotment, benefiting from dual street access and ample on-site car parking. The property is located within a highly active business/activity area, close to the M1 Pacific Motorway and surrounded by national and multinational businesses.

KEY FEATURES INCLUDE:

• 2,500m²* Land Area
• Freestanding cold storage facility
• 5 year lease with 3x 5 year options
• Net income of $165,000* + GST + Outgoings
• Rent increases to net $217,417.27* per year on the 1st of June 2024
• Dual street access
• Ample on grade car parking
• Excellent exposure to passing traffic
• Easy access to the M1 Pacific Motorway
• Zoned Low impact industry
• Will be sold, do not miss out!

Offered for sale via Public Auction to be held at 11am Wednesday 22 May 2024 at the Gold Coast Turf Club, Racecourse Drive, Bundall QLD.

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