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247-249 Morayfield Road
Morayfield QLD 4506
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247-249 Morayfield Road Morayfield QLD 4506

  • Showrooms / Bulky Goods
  • 2,040 m²
  • Expressions of Interest

Premium Automotive Portfolio

  • 7 year WALE
  • Prized net lease structure
  • Favourable review structure

Colliers Investment Services is pleased to present to the market, the Premium Automotive Portfolio, for sale in-one-line or individually. This unique investment opportunity provides investors scale and a significant holding in the automotive industry.

Both sites are situated in south-east Queensland in one of Australia's fastest growing LGAs providing security and long-term capital growth.

Highlights of Morayfield:
- Large land holding on major arterial road (8,699sqm*)
- 2,040sqm* building area
- $990,000* plus GST net income p.a.
- 100% leased with income underpinned by a large national car distributor
- New 7 year lease with 8 x 5-year options
- Low maintenance investment through net lease structure
- Ideal rental growth through greater of CPI or 3.5% review mechanism

The Premium Automotive Portfolio is offered for sale in-one-line or individually via Expressions of Interest closing Thursday 16 May 2024, 4pm (AEST).

*approximate

EXPRESSION OF INTEREST

Closing date and time16/05/2024 16:00
Recipient nameAsk Agent
Delivery addressvia email

Property Highlights

Floor Area2,040 m²
Land Area8,699 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019181918
Category
Last updated  16 Apr 2024
Map for 247-249 Morayfield Road Morayfield QLD 4506

Property Highlights

Floor Area2,040 m²
Land Area8,699 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019181918
Category
Last updated  16 Apr 2024
Level 30 111 Eagle Street Brisbane City QLD 4000

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