Corwells are pleased to offer 6-8 Union Circuit, Yatala for sale as a tenanted investment.
The property is fully leased to Dixon (Asia Pacific) Pty Ltd and boasts the following features:
- Modern building of 1,559sqm on 2,550sqm of land
- Part of an international brand with trading history over 100 years
- Strong lease covenants, subsidiary of Dixon Valve and Coupling Co
- Tenant has occupied the premises for over 10 years
- Substantial Nett income of $206,187 p.a. Nett plus GST
- Functional design and quality construction
- Information memorandum available via Exclusive Agent
Dixon® , founded in 1916, is a premier manufacturer and supplier of hose couplings, valves, dry-disconnects, swivels, and other fluid transfer and control products. The company's global reach includes a wide range of products for numerous industries including petroleum exploration, refining, transportation, chemical processing, food & beverage, steel, fire protection, construction, mining and manufacturing. Dixon® 's strategic objective is to create solutions that make products safer, leak-free, longer lasting, and always available.
This is a rare opportunity to purchase an industrial investment, fully leased to a subsidiary of an international tenant, with significant depreciation benefits and located in the growth corridor of Brisbane and the Gold Coast.
*Note: information sources from www.dixonvalve.com