Coates Hire, Kingston

29 – 47 Mudgee Street, Kingston, Brisbane QLD

The property was purpose built in 2012 for Coates Hire and is situated on a site with a usable area of 5.9 hectares located in the established industrial locality of Kingston, approximately 24 km south-east of the Brisbane CBD.

The property features extensive hardstand used for the storage of rental equipment and has significant exposure to the Logan Motorway, one of South-East Queensland’s busiest transport routes.

Tenant GLA (sqm) GLA (%) Expiry (date) Review (%/CPI)
Coates Hire 1,835 100% Feb-33 4.00% 2
MAP
1 By gross passing income.
2 Annual review subject to the greater of CPI or 4.0%, mid-term market rent reviews apply on 1 March 2017, 1 March 2022 and 1 March 2027 and are subject to the greater of market (as determined by a valuer), CPI or 4%.