1-3 Ironstone Road Berrinba QLD 4117

On behalf of the vendor, JLL has the exclusive pleasure of offering 1-3 Ironstone Road, Berrinba to the market For Sale via Expressions of Interest closing 4pm, Thursday the 16th of July 2020. This outstanding investment opportunity offers the chance to acquire this prime industrial property underpinned by the strength of a major global tenant.

Features of the offering include:

- Near new 1,541sqm* freestanding office, warehouse and trade desk
- Situated on 2,596sqm* freehold corner site
- Currently returning $204,725 pa net - 100% of property outgoings recoverable
- Leased to ACD Trade (Beijer Ref Australia) - a subsidiary of Beijer Ref AB, a publicly listed company on the Stockholm Stock Exchange
- Fixed income growth (greater of CPI or 4% annually)
- Long WALE with options until 2027
- Constructed in 2017 with potential for depreciation benefits
- Located 20min* from CBD in the thriving Logan Motorway corridor
- Highly attractive opportunity for sophisticated investors seeking security of income in a proven growth precinct
- Ability to acquire in-one-line with ACD North Lakes, providing a combined net income of $563,850 pa

Berrinba is the latest industrial hub situated on the Logan Motorway corridor allowing unrivalled access to the Pacific Motorway, Gateway Arterial and the Logan, Ipswich and Centenary Motorways. This ideal commercial / industrial location attracts major corporate users such as DHL, Ceva Logistics, Toll and JB Hi-fi to name a few.

For more information or to arrange a private inspection, please contact exclusive agents JLL.

*Approx.