35 Cambridge Street Coorparoo QLD 4151

Factory, Warehouse & Industrial
6,065 m²
Sold

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

Colliers International Brisbane

Level 5/1 Eagle St

Brisbane City, QLD 4000

Property Highlights

Date Sold	25 Aug 2020
Floor Area	6,065 m²
Land Area	8,949 m²
Parking	Ask Agent
Property ID	2016265085
Category	Factory, Warehouse & Industrial
Last updated	27 Oct 2020

Map for 35 Cambridge Street Coorparoo QLD 4151

Nearest transport* to 35 Cambridge Street Coorparoo QLD 4151

Bus

Train

Ferry

Cavendish Rd at Milsom St, stop 19	107 m
Stanley St E at Coorparoo Secondary College	172 m
Cavendish Rd at Coorparoo College, stop 19	181 m
Stanley St E at Coorparoo Secondary College	212 m

*Within a 4km radius

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Colliers International Brisbane

Level 5/1 Eagle St

Brisbane City, QLD 4000

Property Highlights

Date Sold	25 Aug 2020
Floor Area	6,065 m²
Land Area	8,949 m²
Parking	Ask Agent
Property ID	2016265085
Category	Factory, Warehouse & Industrial
Last updated	27 Oct 2020

Listed by

David Brisk

Colliers International Brisbane

Call

0448 517 546

More about 35 Cambridge Street Coorparoo QLD 4151

35 Cambridge Street Coorparoo QLD 4151 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 6,065 m² and a land area of 8,949 m². The listing ID for this property is 2016265085.