60-80 Southlink Street, PARKINSON QLD 4115
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- Industrial / Warehouse
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- 0 x Onsite parking
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- 14 Feb 2017
PREMIUM REFRIGERATED LOGISTICS PORTFOLIO
Colliers International in conjunction with CBRE are pleased to invite you to purchase this outstanding refrigerated logistics portfolio. The Portfolio represents a unique opportunity to acquire two state-of-the-art industrial logistics facilities set within two of Australia’s premier industrial estates within Melbourne and Brisbane.
45 Fulton Drive, Derrimut, Victoria
60 - 80 Southlink Street, Parkinson, Queensland
The offering comprises two assets incorporating a combined net income of $5,320,908 pa (plus GST) as at August 2016. These outstanding properties provide a long term income stream via a highly regarded listed covenant, providing a WALE of 10.7 years.
60 - 80 Southlink Street, Parkinson, Queensland key selling features include:
• Building area 8,413m²
• Further expansion land of 2,998m²
• Site area 30,574m²
• Passing Income $2,868,047 pa net as at Aug-2016
• 10.8 year WALE by income
• Significant covenant strength in Rand Transport who is Australia's leading provider and refrigerated road/rail transport and warehousing services to the food industry.
• Lease guaranteed by Top 200 ASX listed company - Automotive Holdings Group Limited.
• State of the art temperature controlled logistics facility.
• 100% leased until November 2026.
• The property forms part of the Southlink Business Park, approximately 1km from the Logan Highway and 30km from Brisbane Airport.
For information on the Victorian asset please visit web-listing www.colliers.com.au/18714
The portfolio is offered for sale via a Global Expressions of Interest campaign closing 12pm AEDT Thursday 17 March 2016. For further information please contact on of the selling agents listed below.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
60-80 Southlink Street PARKINSON