On behalf of the vendor, JLL is pleased to present an unmissable opportunity to acquire a high quality industrial asset with diversified income on one of the most sought-after and tightly held streets in Brendale. The subject offering provides an incoming purchaser the ability to secure diversified, long term income streams with fixed income growth in a land-locked market.
Features of the prime investment include:
- Modern multi-tenanted industrial asset providing 3,686sqm* GFA
- Situated on high profile 6,395sqm* freehold lot with unique two street access
- Diversified income stream returning $408,272.50 per annum (net)
- Outgoings 100% recoverable including land tax
- Attractive WALE of 4.15 years (as at 1st August 2021)
- Strong security in place and fixed income growth
- Huge potential for future rental uplift with current rental below market
- Adaptable building design providing ability to be split up to four ways
- Huge 80 m* frontage to Kremzow Road Brendale's most tightly held and sought after street
The subject property is located within the established Northside suburb of Brendale approximately 20 radial kilometres north of the Brisbane CBD. The location benefits from direct connectivity to the Bruce Highway and the Gateway Motorway which are located approximately 8 radial kilometres east of the estate.
The subject property is being sold via Expressions of Interest closing 4pm Thursday, 19th August 2021.
For more information or to arrange an inspection, please contact the exclusive agents from JLL.
*Approx.
