169 Wellington Road East Brisbane QLD 4169

Shop & Retail
1,366 m²
Sold

Inner City Investment Leased to International Covenant

1,619sqm* regular shaped land holding
Fully let net income circa $322,000/pa*
17 on site car parks

Cushman & Wakefield are excited to present an extremely rare opportunity to acquire a quality leased investment with significant development upside. The property, which derives 70% of its income from global company ‘Rexel’ trading as Ideal Electrical, is offered for sale via Expressions of Interest closing Thursday 30 May 2019.

Key features of this exciting opportunity include;

1,619sqm* regular shaped land holding
1,366sqm* of modern building incorporating showroom, warehouse and office space
Fully let net income circa $322,000/annum*
Recently renewed 3 + 3 year lease to ‘Rexel Technologies’ trading as ‘Ideal Electrical’
Mixed Use zoning offering 8 levels of development upside with views directly overlooking Raymond park to the CBD
17 on site car parks
40m* frontage to Wellington Road

For more information or to arrange an inspection, please contact the exclusive agents, Cushman & Wakefield.

EXPRESSION OF INTEREST

Closing date and time	30/05/2019 16:00
Recipient name	Ask Agent
Delivery address	Ask Agent

Cushman & Wakefield Brisbane

Level 27, 123 Eagle St

Brisbane City, QLD 4000

Property Highlights

Date Sold	7 Jun 2019
Floor Area	1,366 m²
Land Area	1,619 m²
Energy	Ask Agent
Parking	17 x Onsite parkings
Property ID	2015219897
Category	Shop & Retail Offices Showrooms / Bulky Goods Other
Last updated	1 Aug 2019

Map for 169 Wellington Road East Brisbane QLD 4169

Nearest transport* to 169 Wellington Road East Brisbane QLD 4169

Bus

Train

Ferry

Shafston Ave at Salstone Street, stop 11	244 m
Shafston Ave at Salstone Street, stop 11	246 m
Mowbray Tce at Elfin Street, stop 12	337 m
Wellington Rd at Linton Street, stop 11	430 m

*Within a 4km radius

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Cushman & Wakefield Brisbane

Level 27, 123 Eagle St

Brisbane City, QLD 4000

Property Highlights

Date Sold	7 Jun 2019
Floor Area	1,366 m²
Land Area	1,619 m²
Energy	Ask Agent
Parking	17 x Onsite parkings
Property ID	2015219897
Category	Shop & Retail Offices Showrooms / Bulky Goods Other
Last updated	1 Aug 2019

Listed by

Cushman & Wakefield Brisbane

Call

1800 867076

More about 169 Wellington Road East Brisbane QLD 4169

169 Wellington Road East Brisbane QLD 4169 is categorized as Shop & Retail Property. It has a floor area of 1,366 m² and a land area of 1,619 m². There are 17 x onsite parkings.The listing ID for this property is 2015219897.