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63 River Road Redbank QLD 4301

  • Industrial / Warehouse
  • 3,363 m²
  • For Sale, Contact Agent

"RARELY AVAILABLE PRIME ASSET NOT TO BE MISSED - LANDMARK 10.63HA SITE WITH HIGH PROFILE MAJOR TENANT AND MASSIVE UPSIDE"

63 River Road, is situated in the highly sought after Western Corridor industrial precinct of Redbank. Known as 'the' west industrial hub from its recent major commitments of leading national and international companies including Coles and Rheinmetall to name a few, it offers direct access to the Ipswich Motorway and outstanding connectivity to Brisbane's major motorway network.

Dugan & Co Property are pleased to present 63 River Road to the market, the property features the following outstanding benefits:

- Multi-tenanted investment leased to major tenant, Ausco Modular, national company owned by Global Corporation Algeco Scotsman on a long 10.75 + 5 + 5 Year lease
- Approximate total site net Income of $1,900,000* p.a. +GST
- High profile neighbours: DB Schenker, TNT, Northline, Australia Post, Rheinmetall, Tyres4U
- Redbank- future residence to recently announced state-of-the art Coles Distribution Centre warehouse
- Massive 106,364m2* site with endless future development potential (DA ^STCA)
- Strategic location adjacent to the Ipswich Motorway & outstanding amenities in the area including: e.g. banking, childcare, cafes & food, bus & train public transport all within close reach.

This strategic asset is located within 600 meters of the Ipswich Motorway giving access to over $6.5 billion of new motorway upgrades that have been recently completed. Investments with such strong lease covenant and massive upside are rarely available and make this a prime asset not to be missed. For further information or to arrange an inspection contact Exclusive Agent:

Paul Dugan
Director and Principal
Dugan & Co Property
0403 945 098
paul@duganandco.com.au

*approx
^subject to council approval

Property Highlights

Property ID2014917860
Floor Area3,363 m²
Land Area10.64 ha
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  17 Dec 2019
Map for 63 River Road Redbank QLD 4301
Map for 63 River Road Redbank QLD 430163 River Road Redbank QLD 4301
Dugan & Co Property
Level 1, 88 Commercial Road Newstead QLD 4006

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