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Property Description
JLL is proud to exclusively present for sale Bridgestone Jimboomba – a high quality investment opportunity with a AAA grade tenant covenant located within a booming SEQ growth corridor.
Offering 400sqm of mechanical workshop accommodation, the asset is underpinned by a 10 year lease (4 years remaining) with options to Bridgestone Australia – a subsidiary of the largest tyre manufacturer in the world, Bridgestone Corporation.
The property is strategically located in one of QLD’s fastest growing regions, forecast to grow by a staggering 5.2% y-o-y through to 2041.
This investment opportunity is being offered for sale via Offers to Purchase.
Investment Highlights
- Long term tenant Bridgestone Australia Ltd- subsidiary of the largest tyre manufacturer in the world, Bridgestone Corporation
- Securely leased to December 2024 with options to 2034 and long history of tenure
- Favourable net lease structure- tenant pays 100% of outgoings excl. body corporate
- 400sqm* of mechanical workshop accommodation neighbouring strong performing KFC & BP
- Located in one of QLD’s fastest growing regions, forecast to grow by a staggering 5.2% y-o-y through to 2041
- Net income of $96,812 per annum*
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