Burgess Rawson is pleased to offer to the market 6-8 Gayle Street, Oakey for sale via our Investment Auction Portfolio 170.
This opportunity has the following key investment highlights:
+ Three (3) year net lease to Nutrien Ag Solutions to 2026 plus two (2) further three (3) year options to 2032
+ Nutrien Ag Solutions: subsidiary of global farming giant Nutrien and Australia's largest distributor of farming services, livestock marketing, agricultural services, finance, insurance and real estate
+ Nutrien (NYSE: NTR): global agricultural leader with 2,000 locations and 23,500+ employees and a market cap of $34.8 billion AUD
+ Long term tenant on-site since 2001 establishing a strong customer base
+ Expansive 3,360sqm* freehold site over two (2) titles
+ Desirable CPI annual rental reviews
+ Tenant responsible for outgoings as per lease
+ Two large warehouses comprising a combined 550sqm* NLA plus important on-site weighbridge
+ Oakey: located 25km* from the Toowoomba CBD with resource rich farming land known from rural cropping, beef grazing and feed lots
+ Toowoomba Region: the western gateway to the $280 billion south east Queensland economy, with population forecast to exceed 204,000 people by 2041
+ QLD's 6th largest region by population, the Toowoomba Region generates $11.63 billion in Gross Regional Product (GRP) with an estimated 90,183 jobs in the area
+ Net Income: $50,811 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 8 August 2024
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.