8 Richards Road, NARANGBA QLD 4504
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- Industrial / Warehouse
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- 24 Jan 2017
PRICE REDUCTION – SECURELY LEASED INVESTMENT
Within the well-established Industrial Estate of Narangba this property is located on the Western side of the Bruce highway, extremely close proximity the Boundary Road interchange for the Bruce Highway, North Lakes and all surrounding Industrial precincts.
Savills are pleased to present an investment property with an agreed new lease term at the time of contract, Outback Insulation occupy the freestanding industrial property located within the tightly held and rapidly growing precinct of Narangba. Predominately service trade businesses occupy this industrial precinct taking advantage of the close proximity of the Bruce Highway and surrounding strong commercial precinct of North Lakes and Mango Hill.
- Leased until 2019 with tenants agreed to new lease term
- Currently returning $46,159.74pa Net + GST
- Tenants pay 100% of outgoings
- 480sq m* NLA (circa 36% total site coverage)
- 1,335sq m site area
- Five roller shutters & clear span warehousing
- High bay lighting + translucent polycarbonate roofing (all recently installed)
- Two offices + reception with air-conditioning
- 12 car parks onsite, including disabled
- Fully fenced and well secured yard with hardstand
Contact exclusive Savills agent Peter Capps 0401 566 999 for further information.
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
8 Richards Road NARANGBA