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35 Cambridge Street Coorparoo QLD 4151

  • Factory, Warehouse & Industrial
  • 6,065 m²
  • For Sale, Please contact agent

Office/ Warehouse Investment Opportunity

  • Net income: $835,890 p.a ex GST
  • 8-year lease to 2028
  • Multinational tenant

Colliers International is pleased to present the Breezway Australia Queensland head office and manufacturing facility for sale by Expressions of Interest closing Thursday 18 June 2020 at 4pm.

Located at 35 Cambridge St in Coorparoo the office/warehouse facility has been operating as a manufacturing facility continuously for over 70 years. The property is so well suited to the this activity that Breezway has recently elected to extend their tenure at the property for a further 8 years to provide a secure rental stream out to July 2028.

The property presents an opportunity for investors and value add developers to acquire a 8,949m² near city land parcel backed by a long term lease to a wholly owned subsidiary of NYSE listed JELD WEN. The balance of security and future growth makes 35 Cambridge Street the most compelling commercial property investment opportunity in the Brisbane market.

Key features include:
Long term lease to Breezway Australia
Tenant is a subsidiary of NYSE listed JELD-WEN Ltd
Net Income $835,890 per annum ex GST
Fixed annual reviews of 3%
Outgoings paid by the tenant
8 year lease expiring July 2028
Land Area: 8,949m²* (16 lots)
Building Area: 6,065m²*
Prime location 3km* from Brisbane CBD

For more information on this property, contact the exclusive agents at Colliers International.

*Approximately

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

Property Highlights

Property ID2016265085
Floor Area6,065 m²
Land Area8,949 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  21 May 2020
Map for 35 Cambridge Street Coorparoo QLD 4151
Map for 35 Cambridge Street Coorparoo QLD 415135 Cambridge Street Coorparoo QLD 4151
Colliers International - Brisbane
Level 30 111 Eagle Street Brisbane City QLD 4000

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

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