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FOR SALE | Sunshine Mitre 10 & Midas North Lakes

49-53 Stapylton Street, North Lakes, QLD, 4509, AU

FOR SALE | Sunshine Mitre 10 & Midas North Lakes_Property for Sale

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FOR SALE | Sunshine Mitre 10 & Midas North Lakes 2_Property for Sale

Asset description

JLL are pleased to offer for sale a 100% freehold interest in Sunshine Mitre 10 & Midas North Lakes.

Attributes

Building area gross
90,417 sf
Occupancy
100.00%
Year built
2022

Investment highlights

·       10-Year WALE secured by best-in-class Sunshine Mitre 10 & Midas, both guaranteed by ASX-listed entities

·       Expansive 8,400sqm* site with favourable Town Centre zoning underpins future development potential

·       High-profile location with direct exposure to over 123,665* vehicles per day from the 107m frontage to Bruce Highway

·       Estimate completion in September 2022 providing significant tax depreciation benefits

·       Fully Leased Net Income of $725,744*

·       Directly adjacent to PrimeWest North Lakes and proximity to HomeCo, Westfield Shopping Centre and IKEA


For Sale via Expressions of Interest closing Thursday 10th March 2022 at 4pm (AEST)

FOR SALE | Sunshine Mitre 10 & Midas North Lakes 4_Property for Sale
FOR SALE | Sunshine Mitre 10 & Midas North Lakes 4_Property for Sale

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Last updated
Aug 11, 2022