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Sold on 23 Oct 2019

504 Nudgee Road Hendra QLD 4011

  • Showrooms / Bulky Goods
  • 385 m²
  • Sold

Airport Precinct Investment with Upside!

  • 385sqm* office/showroom facility
  • Approved wash-bay

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 $128,544pa + 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 24th of October 2019.

For further information contact Exclusive Agents

AUCTION

Auction date and time24/10/2019 11:00
Auction locationAsk Agent

Property Highlights

Property ID2015664502
Date Sold23 Oct 2019
Floor Area385 m²
Land Area2,023 m²
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  26 Sep 2019
Map for 504 Nudgee Road Hendra QLD 4011
Cushman & Wakefield Brisbane
Level 11, 123 Eagle Street Brisbane City QLD 4000

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