Cushman & Wakefield is pleased to present for sale this rare investment opportunity at 504 Nudgee Road, Hendra. Located just 7 radial kilometres from the CBD and on the Brisbane Airport's doorstep, this site is both in a prime position and offers future development upside.
The subject property is leased to national company East Coast Car Rentals and is a ‘sales yard style’ facility with the following features:
- 385sqm* office/showroom facility with 150sqm* awning
- 2,023sqm* General Industry B site with 19% site cover
- Current net return of $124,800pa + Outgoings + GST
- 3 year lease expiring on the 31/5/2020 with 2 x 3 year options
- Security equivalent to 3 month’s + GST
- Market rent review at option
- Approved wash-bay
- Located at the nexus of the Brisbane Airport, where the Gateway Motorway meets Nudgee Road
*Approx.
Offered for Sale via Public Onsite Auction at 11am Thursday 15th November 2018 at 11:00am.
For further information contact Exclusive Agents