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Industrial/Warehouse

32 Hawkins Place Emerald, QLD 4720

Sold on 30 May 2024
  • Building: 340m²
  • Land: 3,778m²
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Industrial/Warehouse in Emerald

Leased to Multi-National Tenant - 10% Net Yield

  • Building: 340m²
  • Land: 3,778m²

RWC Queensland is pleased to exclusively offer for sale 32 Hawkins Place, Emerald QLD for sale by private treaty - Offers over $1,050,000.

The property presents as a well established industrial investment opportunity tenanted by a multinational company. Occupying a regular shaped 3,778sqm* site with a renewed three year lease committed until December 2026 plus a three year option.

Key investment highlights:

  • Secure recently renewed 3 year lease until December 2026 plus three year option to December 2029
  • Fixed 4% increases
  • Tenant pays 100% outgoings
  • Precision Energy Services (Australia) is a wholly owned subsidiary of global mining giant Weatherford International with a Market Cap USD7.43Bn (19 Feb 2024)
  • 3,778sqm* freehold training facility which supports adjoining regional HQ
  • Precision Energy Services (Australia) Pty Ltd was founded in 1961. The company's line of business includes performing geophysical, geological, and other exploration services for oil and gas.
  • Significant regional centre with $15.498 billion annual output
  • Net Income: $105,000 plus GST per annum

Further information is available upon request.

Building:

340m²

Land:

3,778m² / 0.93 acres

Tenancy:

Tenanted

32 Hawkins Place, Emerald, QLD 4720