23-25 Neumann Road Capalaba QLD 4157
- Factory, Warehouse & Industrial
- 2,136 m²
- For Sale, Please contact agent
Tip Top Tenanted Investment
- 2,136sqm GFA on 4,730sqm site
- Returning $492,933.60 net pa plus GST
- High quality commercial bakery fitout
Colliers are proud to present this unique and exciting investment opportunity to the market on behalf of our valued clients. This food production asset is a rare opportunity to park your dough in a multi-national tenanted located in a sought after industrial precinct.
The site features the following features:
-4,730sqm* site with substantial exposure to Neumann Road
-2,136sqm* concrete tilt slab building
-Fully fitout for commercial bakery operation including cold/freezer storage, climate controlled food preparation and proving facility and separate oven room.
-Tenanted by multinational tenant George Weston Foods Limited for 15 years, recently signing further extension.
-Returning $492,933.60* per annum net plus GST
-Leased until 2024: 4 year term commencing 25 May 2020, with 3-year option.
This property is being offered to the market via offers to purchase.
For further information including a detailed information memorandum or to arrange an inspection, please contact the exclusive agents at Colliers.