212 Zillmere Road Boondall QLD 4034

The subject property is located with main road exposure on the border of two major, northern industrial suburbs Geebung and Boondall. This northern precinct is a core industrial suburb, due to its fantastic access to the Gateway Motorway, Airport and only 13 radial kilometers from the CBD.

The subject property is a strategic asset for the savvy investor or developer, due to its strong holding income and development upside, with only 30% site cover.

This outstanding opportunity has the following key features:
- 20,400sqm* of Industrial zoned land
- 6,219sqm* of total building area (30% site cover)
- Located on the highly exposed corner of Newman Road and Zillmere Road (Over 60m of frontage)
- Two well established anchor tenants - Bylaser and Alliance
- Annual Net income of $449,278pa* with plenty of rental upside
- 3 year WALE*

The site offers several vacant hardstand section that could provide an immediate development opportunity to increase return.

For sale via Expressions of Interest closing 26 February 2014 at 4:30pm.

For further information on this quality industrial opportunity do not hesitate in contacting Wright Property.