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389 Morayfield Road Of
Morayfield QLD 4506
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Sold on 17 Mar 2022

389 Morayfield Road Of Morayfield QLD 4506

  • Factory, Warehouse & Industrial
  • 8,101 m²
  • Sold, $4,300,000

TENANTED BY SUBSIDIARY COMPANY OF ASX:(MTS) OR REDEVELOP 8,101m2* BLOCK NEXT YEAR!

    Jackson Rameau from Ray White is pleased to introduce to the market this exceptional commercial investment opportunity. The property is occupied by "Hudson Hardware" and is located on Morayfield Road, the main road through Morayfield, which provides easy and direct access to the Bruce Highway.

    With only 16 months left on the lease, this is a fantastic development opportunity for any group looking to secure the first property on the right when entering Morayfield and Caboolture.
    Or, for an investor you could negotiate a new long term lease with the existing tenant.

    Features include:

    • Current Net Rental $160,043.17* + GST + recoverable outgoings
    • Leased to Hudson Building Supplies Pty Ltd, a subsidiary of the ASX
    listed conglomerate company MetCash (MTS)
    • 5 year lease in place expiring June 2023
    • Tenant pays outgoings (including recoverable Land Tax)
    • Land area of 8,101m2*
    • Unparalleled exposure to Morayfield Road
    • High profile location with easy access to the Bruce Highway
    • Easy ingress/egress with plenty of parking

    For a private inspection or discussion, please call the exclusive Ray White marketing agent Jackson Rameau on 0438 451 112

    This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

    Disclaimer:
    Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

    Property Highlights

    Date Sold17 Mar 2022
    Sold Price$4,300,000
    Floor AreaAsk Agent
    Land Area8,101 m²
    ParkingAsk Agent
    Property ID2017606011
    Category
    Last updated  17 Mar 2022
    Map for 389 Morayfield Road Of Morayfield QLD 4506

    Property Highlights

    Date Sold17 Mar 2022
    Sold Price$4,300,000
    Floor AreaAsk Agent
    Land Area8,101 m²
    ParkingAsk Agent
    Property ID2017606011
    Category
    Last updated  17 Mar 2022
    Level 2/50 Cavill Ave Surfers Paradise QLD 4217

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