This property features an extensive hardstand used for the storage of rental equipment. Purpose built in 2012 for Coates Hire it's situated on a site with a usable area of 5.9 hectares in the established industrial locality of Kingston, around 24 kilometres south-east of the Brisbane CBD. It also has significant exposure to the Logan Motorway, one of South-East Queensland's busiest transport routes.
1 By gross passing income.
|Tenant||GLA (sqm)||GLA (%)||Expiry (date)||Review (%/CPI)|
2 Annual review subject to the greater of CPI or 4.0%, mid-term market rent reviews apply on 1 March 2017, 1 March 2022 and 1 March 2027 and are subject to the greater of market (as determined by a valuer), CPI or 4%.
|Fund Ownership||100% CLW|
|Total GLA (sqm)||1,835 sqm|