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.