Milking the Cash Cow - A Commercial Freehold Investment with an Outstanding National Tenant
Dairy Farmers' - Distribution Depot...
This purpose brand new state of the art facility has been constructed under the strict guidelines, specifications and requirements of LD&D Australia P/L (Lion Dairy and Drinks)
This brand new facility features;
• Floor level 1.3m above hardstand
• 12m x 7m cold-room with 4m high ceilings with 2 x sliding doors
• 12m x 4m anti-room/loading dock with 4 m high ceilings
• 2 x Tieman dock levelers, with inflatable dock shelters
• State of the Art remotely monitored refrigeration systems
• Air-conditioned Office with a separate Toilet/Shower
• 6m x 11m Secure Dry Store area with external access
• 3 phase power, LED lighting, security and monitoring systems
• Landscaped, concrete pavements, car parking & truck turning areas
• Chain wire security fencing to the boundary with entry gates
Real Property Description:
• Lot 10 on SP201317
• Land Area: 2541 sq m - Freehold Title
• Title Reference: 50681577
• County: Solander
• Parish: Salisbury
Location:
Located at the end of the cul-de-sac being Boer Street, within the Craiglie Business Park, at the entrance of Port Douglas.
Craiglie Business Park is the hub of light industrial and tourism based commercial activity in Port Douglas. Many businesses large and small have setup such as Reece Plumbing, Adams Waste, Lotsa Printing, panel beaters, surveyors, a large custom built car-wash centre, interior decorators, building companies, cleaning companies and tour operator businesses amongst others.
Investment:
The national Tenant has signed a new lease as per below summary;
• New 10 year lease signed.
• 2 x 5 year options exist.
• CPI indexed rent reviews
A full lease can be supplied on request and upon signing a confidentiality agreement
Summary:
This is a truly passive investment. The tenant is as secure as any tenant can get. This is the only cool-room facility in the Port Douglas area. There is great depreciation available being a new property (a full schedule is available). There is room to double the size of the facility and grow this investment. This is an extremely solid investment and will provide a superior return to bank interest with a rock solid National tenant.