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51-53 Godwin Street
Bulimba QLD 4171
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51-53 Godwin Street Bulimba QLD 4171

  • Factory, Warehouse & Industrial
  • 877 m²
  • For Sale, Contact Agent

Freehold Holding within the Tightly Held Godwin Street Precinct

    This is a unique opportunity to purchase a freehold asset within the tightly held Godwin Street Precinct being offered for the first time in 25 years.

    This property features the following:
    • A combined 1,002 sqm* of site area over two (2) titles with a wide 40 metre* frontage to Godwin Street accessible by multiple concrete crossovers.
    • Currently improved with two (2) office/warehouse buildings with a total building area of 877 sqm* over two (2) levels.
    • The warehouses offer between six (6) to seven (7) metre* internal height.
    • A total of eight (8) off-street car parks plus street parking.
    • Currently fully leased to two (2) long standing tenants returning a gross income of $207,024.60 ($236 per sqm of building area).
    • No. 51 is leased to Le Mans Motors until 30/09/2025 with a 1 year option. The tenant has occupied the premises for 16 years.
    • No. 53 is leased to Canfield Plumbing until 01/11/2025 with a 1 year option and includes an early termination clause with six (6) months' notice to the tenant providing an opportunity to own and occupy the premises.
    • The property is zoned as "Low-medium density residential (2 or 3 storey mix)" under the Brisbane City Plan.
    • Short walk to Oxford Street, one of Brisbane`s premier high streets boasting a high level of amenity with significant retail and service offerings.
    • Bulimba is serviced by both bus and ferry public transportation services and enjoys easy access to the Brisbane CBD and Gateway Motorway.
    • This property offers an opportunity for investors and owner occupiers as well as land bankers, due its excellent development upside.

    We must stress that an opportunity to purchase a freehold holding in this precinct does not come along too often and the vendor has clear instructions to sell.

    For further information, please contact the exclusive selling agents John Dwyer on 0439 034 010 or Ben Sands on 0432 547 164.

    * Approximately

    Property Highlights

    Floor Area877 m²
    Land Area1,002 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2018906291
    Category
    Last updated  4 Mar 2024
    Map for 51-53 Godwin Street Bulimba QLD 4171

    Property Highlights

    Floor Area877 m²
    Land Area1,002 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2018906291
    Category
    Last updated  4 Mar 2024

    Listed by

    Ben Sands
    Ben Sands
    RWC Gateway
    Call
    0432 547 164

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    Property FAQs

    The agent has not listed a sale price for 51-53 Godwin Street Bulimba QLD 4171. Contact the agent for a price guide.
    The floor area for 51-53 Godwin Street Bulimba QLD 4171 is 877 m².
    The land area of 51-53 Godwin Street Bulimba QLD 4171 is 1,002 m².
    There is no on-site parking availability specified for 51-53 Godwin Street Bulimba QLD 4171. For more information about parking, contact the agent.
    51-53 Godwin Street Bulimba QLD 4171 is currently vacant.
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