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Sold on 12 Jul 2019

1 Huxham Street Raceview QLD 4305

  • Industrial / Warehouse
  • 2,519 m²
  • Sold

Brilliant Dual Tenanted Investment - 7.6% Net Yield - 3 & 5 yr leases in place

  • 7.6% Net Yield - Fantastic Investment!
  • 2 Secure Tenants - Great Leases in place
  • Quality premises - Rarity in this area!

Located in Raceview, 1 Huxham Street offers direct access to the Ipswich Motorway and the Cunningham Highway.

The property is fully leased to two tenants, Event Solutions & National Automotive Services Pty Ltd.

1A Huxham Street - 1,048m2 premises leased until 01/01/2024 with 1 x 5 year option. 3% yearly increases.

1B Huxham Street - 1,471m2 premises leased until 25/05/2021 with 1 x 3 year option. Annual CPI increases.

The property itself features:
• 8.5 metre internal warehouse height
• 9m & 7m wide container height roller doors
• Dual entry gate access
• Ample hardstand at the front of the building
• Plenty of onsite parking
• Ability to split lease the property in two proportions
• Heavy grade concrete

This is a solid investment opportunity in an area where a premises of this quality is rare!

Property Highlights

Property ID2014904600
Date Sold12 Jul 2019
Floor Area2,519 m²
Land Area4,000 m²
Parking20 x Onsite parkings
Building TypeWhole building
Category
Last updated  25 Jan 2019
Map for 1 Huxham Street Raceview QLD 4305
Drew Camm
3 Lucinda Dr Highfields QLD 4352

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