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2/71 Cerina Circuit Jimboomba

2/71 Cerina Circuit Jimboomba, QLD Australia 4280
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Building Area
Land Area

Property Description

JLL is proud to exclusively present for sale Bridgestone Jimboomba – a high quality investment opportunity with a AAA grade tenant covenant located within a booming SEQ growth corridor.


Offering 400sqm of mechanical workshop accommodation, the asset is underpinned by a 10 year lease (4 years remaining) with options to Bridgestone Australia – a subsidiary of the largest tyre manufacturer in the world, Bridgestone Corporation.


The property is strategically located in one of QLD’s fastest growing regions, forecast to grow by a staggering 5.2% y-o-y through to 2041.

  

This investment opportunity is being offered for sale via Offers to Purchase.

Investment Highlights

  • Long term tenant Bridgestone Australia Ltd- subsidiary of the largest tyre manufacturer in the world, Bridgestone Corporation
  • Securely leased to December 2024 with options to 2034 and long history of tenure
  • Favourable net lease structure- tenant pays 100% of outgoings excl. body corporate
  • 400sqm* of mechanical workshop accommodation neighbouring strong performing KFC & BP
  • Located in one of QLD’s fastest growing regions, forecast to grow by a staggering 5.2% y-o-y through to 2041
  • Net income of $96,812 per annum*


Last Updated Date: 15 Oct 2020
Andrew Havig
Senior Executive, Capital Markets Transactions
Campbell Bowers
Senior Executive, Capital Markets

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Last Updated Date: 15 Oct 2020

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