23 Permarig Place

Triple Net Lease - Industry Leading Tenant

JLL is pleased to offer this prime investment grade asset to the market for sale via formal Offers to Purchase closing midday Thursday the 30th of November 2017.

The opportunity exists to acquire this unique industrial investment with the following key attributes:

· 8,743sqm* landholding in South Brisbane’s most established and long standing industrial and logistics precinct
· Net annual return of $724,250 per annum
· Attractive Triple Net Lease structure
· Significant 5 year lease term with options
· State of the art 5,794sqm* purpose built industrial facility
· Core industrial location within close proximity to the Brisbane Markets
· Future proofed with the ability to reconfigure site to accommodate multiple tenants
· Industry leading, established national covenant via Trumps
· Strong annual rental increases guaranteeing income growth
· Passing rent substantially below market
· One of the best investment opportunities to hit the Brisbane industrial market in 2017

Interested parties are invited to contact the exclusive marketing agents; Shaun Canniffe or Sam Stewart of the JLL Queensland Industrial team.

*Approx.