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45 Minjungbal Drive
Tweed Heads South NSW 2486
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Sold on 13 Dec 2023

45 Minjungbal Drive Tweed Heads South NSW 2486

  • Showrooms / Bulky Goods
  • 488 m²
  • Sold

MIDAS - TROPHY INVESTMENT

    Towers Francis Property are pleased to present to the market for sale, Midas Tweed Heads South by Expressions Of Interest (EOI) with a closing date for offers of 12pm Thursday, 30th November 2023.

    This offering is a secure Tyre & Auto investment One of Australia's most sought after asset classes due to the sector's resilient outlook, secure covenants and favourable lease structures

    INVESTMENT FEATURES:

    - Brand new renewed 5 + 5 year lease commencing 1st December 2023.
    - Leased to Corporate entity Midas Australia Pty Ltd wholly owned by ASX listed Bapcor.
    - Net rental income $126,958 per annum
    - 100% outgoings recoverable.
    - Annual reviews the greater of CPI or 3%.

    FEATURES:

    - Freehold main road building in immaculate condition.
    - 488sqm NLA
    - 1,012sqm Site area.
    - 20 metre frontage to the main arterial road "Minjungbal Drive", with over 60,000 passing vehicles daily.

    FOR SALE:

    Under Contract

    MORE INFORMATION:

    Contact exclusive selling agents Towers Francis Property.

    Towers Francis Property
    Towers Francis Property
    Suite 2B Tweed Office Park 24-28 Corporation Circuit
    Tweed Heads South, NSW 2486

    Property Highlights

    Date Sold13 Dec 2023
    Floor Area488 m²
    Land Area1,012 m²
    Parking14 x Onsite parkings
    Property ID2018866704
    Category
     Showrooms / Bulky Goods
     Factory, Warehouse & Industrial
     Shop & Retail
    Last updated  1 Feb 2024
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    Towers Francis Property
    Towers Francis Property
    Suite 2B Tweed Office Park 24-28 Corporation Circuit
    Tweed Heads South, NSW 2486

    Property Highlights

    Date Sold13 Dec 2023
    Floor Area488 m²
    Land Area1,012 m²
    Parking14 x Onsite parkings
    Property ID2018866704
    Category
     Showrooms / Bulky Goods
     Factory, Warehouse & Industrial
     Shop & Retail
    Last updated  1 Feb 2024

    Co-Agents

    Chris Towers
    Chris Towers
    Towers Francis Property
    Call
    0414 298 292
    James Francis
    James Francis
    Towers Francis Property
    Call
    0409 904 925

    Enquire about this property

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              More about 45 Minjungbal Drive Tweed Heads South NSW 2486

              45 Minjungbal Drive Tweed Heads South NSW 2486 is categorized as Showroom & Bulky Goods Property. It has a floor area of 488 m² and a land area of 1,012 m². There are 14 x onsite parkings.The listing ID for this property is 2018866704.

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