Industrial & Logistics

9 Boron Street, Narangba, QLD

9 Boron Street, Narangba Narangba, QLD Australia 4504
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

Key facts

Building Area

Property description

JLL Capital Markets Industrial & Logistics team is pleased to offer for sale an exceptional investment opportunity to secure a large-scale manufacturing facility leased to global engineering company Sandvik. The asset is located in Queensland at 9 Boron Street, Narangba.

 

Sandvik is one of the world’s most recognised engineering companies specilising in metal cutting, digital and additive manufacturing, mining and construction, stainless and special steel alloys and industrial heating. Originally established in 1862, Sandvik employees approx. 37,000 staff across 160 countries with a 2020 revenue of SEK 86.4B (approx. $13.28B AUD) 

Investment highlights

Key Investment Highlights include:

 

  • 7* Year WALE (as at 1 October 2021) to international covenant Sandvik
  • Large 36,830m2* site with direct exposure to the Bruce Highway
  • Outstanding access to the Bruce Highway and Gateway Motorway
  • Net income of $2,366,826.70pa* (as at 1 October 2021)
  • Min 3.0% annual review structure, providing for a strong running yield
  • Significant embedded infrastructure within the facility, providing higher tenant retention

*approx


For further information please contact the below exclusive marketing agents.


Last Updated Date: 14 Sep 2021
Tony Iuliano
Tony Iuliano
Head of Capital Markets Industrial & Logistics - Australia
Gary Hyland
Gary Hyland
Senior Director, Industrial - QLD

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Last Updated Date: 14 Sep 2021

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