Key Highlights
• Location: Brisbane TradeCoast, QLD
• Tenant: Brooks Automation (in occupation since 2014)
• Lease Term: 6 years to July 2030 + 6-year option to 2036
• Net Rent: $566,500 + GST + 100% outgoings
• Increase: Greater of 3% or CPI
• NLA: 2,818m² + 28 car spaces
• Land: 3,291m²
• Net Yield: 5.96%
• Price: $9,500,000
Client MandateOur clients are experienced commercial investors who engaged us to source a high-ticket industrial investment with strong cashflow and long-term growth. Our client was seeking a “set and forget” investment: requirements included a 5.5-6%+ net yield, a reputable tenant with a long lease as their main goal was to have a secure income stream with and capital appreciation.
ResultSourced, negotiated and secured on market, this asset combines strong income security, a quality global tenant, and future rental upside — the perfect balance for a long-term, low-maintenance investment. We successfully negotiated a competitive EOI campaign, obtaining favourables terms and conducted extensive DD to ensure all boxes were ticked to protect our client with this investment that will greatly benefit their portfolio cashflow and growth.
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