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60 Grindle Road Wacol QLD 4076

  • Factory, Warehouse & Industrial
  • 8,971 m²
  • For Sale, Please contact JLL

9.5 Year Triple Net Lease Established National Tenant

  • 9.5 Year WALE
  • Triple Net Lease Structure
  • CPI Min 3.5% Annual Reviews

Introducing 60 Grindle Road, Wacol, a 9.5 year Triple Net Lease to Vesco Foods, one of Australias leading food manufacturers. Located approximately 15 radial kilometres south west of the Brisbane CBD with outstanding access to three major arterials this investment provides the following compelling features:

9.5 year WALE to Vesco Foods
Triple net lease structure
Current net income $1,480,072 per annum
Strong rental review structure - Annual CPI (min 3.5%)
Large 45,220m2* land holding provides expansion potential (STCA)
8,971m2* food preparation and distribution facility
Significant recent capital expenditure by tenant on building fit out
Outstanding access to the Ipswich Motorway, Logan Motorway and Centenary Highway
Well established national tenant occupying the site for approximately 15 years

(STCA) subject to Council approval

This outstanding investment opportunity is being offered for sale via Expressions of Interest closing 4pm Wednesday 10th July 2019. For further information please contact the JLL exclusive marketing agents.

Address60 Grindle Road Wacol QLD 4076
ZoningLII - Low impact industry
We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
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Property Highlights

Property ID2015350479
Floor Area8,971 m²
Land Area4.52 ha
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
Last updated  18 Jun 2019
Map for 60 Grindle Road Wacol QLD 4076
Map for 60 Grindle Road Wacol QLD 407660 Grindle Road Wacol QLD 4076
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JLL - Brisbane
Level 39 Central Plaza One, 345 Queen Street Brisbane City QLD 4000

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