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739 Nudgee Road
Northgate QLD 4013
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Sold on 22 Mar 2021

739 Nudgee Road Northgate QLD 4013

  • Factory, Warehouse & Industrial
  • 1,367 m²
  • Sold

100% Leased, Multi-Tenant Investment Opportunity

Ray White Commercial (QLD) is delighted to present the entire complex located at 739 Nudgee Road Northgate, For Sale with an asking price of $2,950,000.00

Compelling Investment Considerations:
- Fully leased investment returning $186,000.00 per anunum net + GST
- 2 quality tenants with strong security
- Renovated 1,367sqm* multi tenanted commercial/industrial built form
- 3 units on individual strata titles; 463sqm* + 593sqm* + 311sqm*
- Parent site land area of 2,080sqm*
- Superb corner location (Toombul and Nudgee Roads)
- Approximate daily vehicle traffic of 43,000** (13,700**Nudgee Road & 29,300**Toombul Road)
- Large Format Retail zoning, with existing industrial use
- Recently renovated complex
- Ample onsite car parking
- Landscaped grounds
- High quality opportunity at the price point

Location:
The subject asset is superbly located on the corner of Toombul and Nudgee Roads at Northgate. This location offers both exposure and accessibility.

Toombul Road is a direct feeder between Southern Cross Way and Sandgate Road, providing easy access to both Brisbane Airport and the Central Business District (CBD).

Nudgee Road is a feeder to the East West Arterial, Gateway Motorway and Kingsford Smith Drive, providing easy access to the Tunnel network, Portside Hamilton and Inner City Bypass.

This offering is arguably one of the closest freehold buildings to the thriving Brisbane Airport. The estimated economic forecasts of the soon to be completed second runway is an extra $AUD 5 billion to the Qld economy by 2035***. A very strong argument for the financial performance of this asset in your portfolio!

*approximately
**sitewisely
***https://www.bne.com.au/corporate/projects/brisbanes-new-runway

RWC Queensland
RWC Queensland
Level 26/111 Eagle St
Brisbane City, QLD 4000

Property Highlights

Date Sold22 Mar 2021
Floor Area1,367 m²
Land Area2,080 m²
ParkingAsk Agent
Property ID2015809977
Category
Last updated  23 Mar 2021
Map for 739 Nudgee Road Northgate QLD 4013

Nearest transport* to 739 Nudgee Road Northgate QLD 4013

Bus
Train
Nudgee Rd at Cooper Road, stop 18256 m
Day Rd near Lang Tce, stop 17302 m
Oates Pde near Stark Rd, stop 18493 m
Day Rd near Oates Rd534 m
This data is © 2023 The State of Queensland, licenced under CC BY 4.0.
*Within a 4km radius
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RWC Queensland
RWC Queensland
Level 26/111 Eagle St
Brisbane City, QLD 4000

Property Highlights

Date Sold22 Mar 2021
Floor Area1,367 m²
Land Area2,080 m²
ParkingAsk Agent
Property ID2015809977
Category
Last updated  23 Mar 2021

Listed by

RWC Queensland
Call
07 3231 2211

More about 739 Nudgee Road Northgate QLD 4013

739 Nudgee Road Northgate QLD 4013 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 1,367 m² and a land area of 2,080 m². The listing ID for this property is 2015809977.

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