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485-489 East Street
Warwick QLD 4370
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Sold on 11 Jun 2021

485-489 East Street Warwick QLD 4370

  • Factory, Warehouse & Industrial
  • 1,255 m²
  • Sold, $1,380,000

High Yielding Asset leased to ASX listed subsidiary

  • Strong 8% return
  • ASX Listed tenant covenant
  • 3.5 year WALE

Colliers Toowoomba are proud to present 485-489 East Street Warwick to the market for sale. A modern industrial facility leased to a subsidiary of an ASX listed company offering exceptional access to New England Highway.

Features Include:
- Leased to a subsidiary of ASX listed GUD Holdings Limited (ASX:GUD)
- Lease expiry Nov 2024 with further 5 year option
- Nett Lease with Fixed 2.5% reviews
- 4,350sqm Industry zoned Land
- 1,282sqm GFA including 293sqm office, 856sqm warehouse, 133sqm mezzanine
- Modern building completed in 2011
- Strategic location in Warwick with close proximity to New England Highway

Nett income: $108,480 per annum

FURTHER INFORMATION
For a copy of the information memorandum, please contact Dan Dwan of Colliers Toowoomba.

Accelerating Success.

Property Highlights

Date Sold11 Jun 2021
Sold Price$1,380,000
Floor Area1,255 m²
Land Area4,350 m²
Parking25 x Onsite parkings
Building TypeWhole building
Property ID2017035871
Category
Last updated  24 Aug 2021
Map for 485-489 East Street Warwick QLD 4370

Property Highlights

Date Sold11 Jun 2021
Sold Price$1,380,000
Floor Area1,255 m²
Land Area4,350 m²
Parking25 x Onsite parkings
Building TypeWhole building
Property ID2017035871
Category
Last updated  24 Aug 2021
171 Hume Street Toowoomba City QLD 4350

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