2/112 Darlington Drive Yatala QLD

Off Market Investment Opportunity – 10 Year Lease to AAA Rated Tenant!

Coldwell Banker Commercial Property Group are pleased to offer 2/112
Darlington Drive, Yatala for sale as Tenanted Investment. The property is fully leased to AAA rated tenant Formway Group Limited and boasts the following features:
– 5,640sqm warehouse and office
– Immaculate corporate offices over two levels
– Extensive tenant fitout estimated at approximately $1,000,000
– Leased to Formway Group Limited on a 10 + 10 year lease
– Publicly listed company with a credit score of 716 out of 850
– Returning $630,000 Nett + GST p.a. (inc $30,000 management fee)
– Full drive around and drive through facility
– Clearspan warehouse allows for unrestricted racking
– Warehouse accessed via five 6m high electric roller doors

This is a rare opportunity to purchase a blue chip investment, fully leased to a publicly listed tenant, with significant depreciation benefits and located in the
growth corridor of Brisbane and the Gold Coast.

Property Type

Industrial

Overview

Sold

Building Size
5,640 sqm
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