12 Gurney Street Garbutt QLD 4814

12 Gurney Street includes a well-appointed complex including three self-contained, strata titled warehouse/office units producing a current net income of $41,687 per annum + GST.

All three units are available for sale in one line.

Unit 1: 215 sqm
Leased to GSA Groups air conditioning and refrigeration
Rental: $27,500 p.a. + GST
2-year lease expiring 31/07/2023
This unit includes a well-appointed suite of air-conditioned offices, 2 high clearance warehouse bays, a disabled bathroom and kitchenette, and an additional mezzanine storage area above the offices.

Unit 2: 143 sqm
Leased to Wormald Australia
Rental: $19,213 p.a. + GST
1-year lease expiring 19/04/2022 (tenant since 2017)
This unit includes a well-appointed suite of air-conditioned offices, 1 warehouse bay, a disabled bathroom and kitchenette, and an additional mezzanine storage area.

Unit 3: 144 sqm
Leased to Stable on the Strand Inc
Rental: $15,000 p.a. + GST
Periodic lease (tenant since 2018)
This unit includes 2 warehouses bays, a disabled bathroom, and a kitchenette.

This attractive complex has irrigated and landscaped gardens, security fencing, fully concreted driveways, and car parking on site for 5 vehicles.

Price: $850,000

Contact marketing agents Ray White Commercial to arrange an inspection.