670 MacArthur Avenue Central, PINKENBA QLD 4008
EOI Closing 5th May, 2016
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- 16 Dec 2016
Prime investment on Eagle Farm/Pinkenba border
Cushman Wakefield and CBRE are please to present to the market a rare opportunity to purchase a wholly leased investment in the tightly held Eagle Farm/Pinkenba precinct.
Returning $767,083.43pa true net the subject property has the following key attributes;
- 5,577sqm total GFA across two buildings
- 10,360sqm total site area
- Leased to ASX listed Coventry Group and future ASX listed Reliance Worldwide (slated 2016)
- WALE of 3.53 years
- Strong review structure across both tenants of 3.5% and 3% per annum
- Modern tilt panel buildings providing further depreciation benefits
The property is located just 8 radial kilometres from the CBD with direct access to the Gateway Motorway, Brisbane Airport, Port of Brisbane and also forms an integral part of the Australian TradeCoast Precinct.
The property is being offered for sale VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY 5TH MAY 2016 AT 5PM
For further details or to arrange an inspection please contact the exclusive agents, Edward Bull of CBRE and Michael Callow of Cushman & Wakefield.
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
670 MacArthur Avenue Central PINKENBA