53 Lawnton Pocket Road, LAWNTON, 4501, Queensland

  • 2152sqm
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Subject: 53 Lawnton Pocket Road, LAWNTON, 4501, Queensland

Sold

Sold

RENEWED 10YR LEASE TO NATIONAL TENANT WITHIN GROWTH PRECINCT

Property ID: 17773081


  • Currently Returning $434,000 net pa + outgoings + GST (Triple Net Lease)

  • Successful “Genesis Fitness Club” with 42+ locations in Australia

  • Long established tenant on renewed 10 year lease from July 2017 to 2027 + (2 × 5 year options)

  • Fixed annual rental growth of minimum 3% pa

  • Extensive renovation recently completed throughout building

  • Strategic location within future University precinct & opposite major housing development

    For further information or to arrange an inspection please contact Trent Bruce or Adam Smith of Raine & Horne Commercial.

    Listing ID: 17773081

Building / Floor Area2,152 sqm
ZoningIndustry Zone - Light Industry Precinct
TenantedYes
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Why Raine & Horne Commercial?

Raine & Horne Commercial knows local and regional property markets intimately, with the support and systems of a long-established national and international property group. Our clients benefit from our network strength, which allows substantial cross-flow of international referral, advice and investment.