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13/59-63 Eastern Road
Browns Plains QLD 4118
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Sold on 18 Aug 2023

13/59-63 Eastern Road Browns Plains QLD 4118

  • Factory, Warehouse & Industrial
  • 933 m²
  • Sold

National Tenanted Investment

    Ray White Industrial Southwest is pleased to offer 13/59-63 Eastern Road, Browns Plains to the market via Offers to Purchase.

    This recently recently refurbished tilt panel facility has over three years remaining on its lease term to a well known national tenant, Albury Wodonga Community College. The tenant has recently done a complete renovation of the space with the space being equipped with a high end custom fit out as they look to open the college in the coming weeks. The tenant has also recently received a licensed education provider for the building showing their strong commitment to the facility long term.

    Features include:
    • Net Income: $123,600 as of 1st of July
    • Lease Term: 3.5 years remaining on lease (approx.)
    • Increases: 3%
    • Building Area: 933m2
    • 19 car parks available
    • National Covid proof tenant
    • Tilt panel asset

    Opportunities like this rarely become available in the current market with this offering investors a hands off, low risk and exceptional return on their investment.

    For more information contact Ray White Commercial Southwest.

    Property Highlights

    Date Sold18 Aug 2023
    Floor Area933 m²
    Land AreaAsk Agent
    Parking19 x Onsite parkings
    Property ID2017707678
    Category
    Last updated  18 Aug 2023
    Map for 13/59-63 Eastern Road Browns Plains QLD 4118

    Property Highlights

    Date Sold18 Aug 2023
    Floor Area933 m²
    Land AreaAsk Agent
    Parking19 x Onsite parkings
    Property ID2017707678
    Category
    Last updated  18 Aug 2023

    Co-Agents

    Jaems Balfour
    Ray White Commercial (Southwest)
    Call
    0411404249
    Lachie Hale
    Ray White Commercial (Southwest)
    Call
    0414911099

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