Tenanted Investment with Long Lease to International Tenant & Coffee Powerhouse ST.ALi
Stonebridge Property Group is pleased to present for sale Morningside ST.ALi, 455 Lytton Road, Morningside.
The key highlights of the opportunity include:
- Long lease to International tenant & coffee powerhouse ST.ALi – major supplier to Woolworths, with cafes/roasteries in South Melbourne, Melbourne International Airport, Jakarta and regular collaborations with Mercedes, Mr Black, Archie Rose, Koko Black, to name a few
- Brand new 7-year lease with ST.ALi commenced in December 2023 with fixed 3% annual rental increases
- 250 sqm* building boasts over two levels of high clearance warehouse, office and showroom
- Exceptional Lytton Road position only 3 minutes* to major commuter and freight route, the Gateway Motorway M1, carrying 123,000+ vehicles daily
- Morningside – Multifaceted Brisbane suburb only 4.5 km* to the Brisbane CBD, boasting a dense population and tightly held industrial precinct
- ‘Australia Trade Coast’ - Global export hub with direct access to major arterials, offering unrivalled access to the Brisbane Airport, Gateway Motorway, Port of Brisbane and Airport Link Tunnel Network
- Net Income $63,425 pa* + GST
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Dylan Kilner
0459 396 341
Sarah Xi ???
0468 320 297
Thomas Proberts
0439 588 019
Max Warren
0488 296 892
* Approximately
Property Code: 890