- Prices: Nylex Avenue $12,800,000 & Cheviot Road $5,000,000
- Two Blue chip Lessees - Climate Technology and Super AMart
- Two superb structures - warehouse, factory with leantos
- Main factory - 23,411 m2 approx. including leantos
- Warehouse - 4,828m2 approx. including leanto
- Vacant land component - 11,500m2 approximately zoned Industry
- Total Site area 60,600m2 approximately in 2 titles
- Current gross income excluding vacant land - $1,457,677pa gross
- Lease Climate Technology - 7+7 years from 4/7/2018; current rent $1,163,455pa gross
- Lease Super AMart expires 1/12/2020; current rent $294,222pa gross
- Prominent corner vacant site capable of subdivision STCC
- Available as a whole or either title
Amart Furniture was founded in Brisbane, Queensland in 1970 and has grown to become one of the leading furniture, bedding and outdoor retailers in Australia.
Super Amart was founded by billionaire John van Lieshout, who cashed out of the operation by selling to private equity. Quadrant took full ownership of Super Amart after it bought out a 25 per cent stake owned by Ironbridge Capital.
Since then Amart expanded throughout Australia to over 60 stores - mainly in homemaker destination centres across Queensland, Victoria, South Australia, New South Wales and Western Australia.
Climate Technologies is owned by Symphony Limited, one of the world leaders in evaporative cooling with its products sold in 60 countries through 30,000+ retailers and 1000+ distributors around the globe. Symphony have continually been at the forefront of innovation creating futuristic product designs with an international commitment to energy conservation. The Climate Technologies group employs over 200 people nationally covering many diverse roles from engineering, manufacturing, sales and marketing through administration and accounting.
Their products include:
*The Bonaire product includes a range of residential and commercial evaporative coolers as well as a full range of gas ducted and Pyrox branded Wall Furnaces. Bonaire has a brand heritage spanning over 60 years.
*The Celair brand incorporates a range of Celair Profile residential evaporative coolers which have been manufactured in Australia for over 40 years.
*Dadanco Active Chilled Beams incorporate patented technologies to deliver a breakthrough for higher energy efficiency air conditioning using lower air quantities. Dadanco Active Chilled Beams provide efficient, effective and whisper-quiet air conditioning for almost all building types.
