23 Lathe Street Virginia QLD 4014

As exclusive agents, Cushman & Wakefield is pleased to present 23 Lathe Street, Virginia to market for sale via a public Auction onsite on the 30th of September at 11:30am.

23 Lathe Street, Virginia is strategically located 10km* from the Brisbane CBD in one of the city's most tightly held and well-established industrial precincts. Lathe Street runs parallel to Sandgate Road and is positioned within the highly sought after bulky goods precinct. The property offers fantastic access to all major road networks including the Gateway Motorway and Gympie Road.

The property is a rare multi-tenanted industrial asset with a diverse tenancy mix that is perfect for a private investor or self-managed super fund:

2,701sqm* regular shaped site zoned IN3 Industry (General industry C)
1,507sqm* building split into 5 separate tenancies ranging from 212sqm* - 453sqm*
Net income of $138,073pa*
Huge car parking with 29+ onsite
WALE of 2+ years
Gross leases with strong increases and massive future rental uplift
Quality tenancy mix, including Nokia Australia
Inner northern Brisbane location approx. 10km from the Brisbane CBD
*approx.

For further information, please contact the Exclusive Agents at Cushman & Wakefield.