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Lot 1 & 2/87 Bancroft Road
Pinkenba QLD 4008
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Modus Property Group Pty Ltd

Lot 1 & 2/87 Bancroft Road Pinkenba QLD 4008

  • Factory, Warehouse & Industrial
  • 2,834 m²
  • Expressions of Interest

Core Plus TradeCoast Industrial Opportunity

  • Available individually or in-one-line
  • Leased to publicly listed company
  • Ability to occupy or develop land

Modus Property Group is pleased to be exclusively representing Lot 1 & 2 / 87 Bancroft Road, Pinkenba, which is being offered for sale individually or in-one-line.

This is an exceptional opportunity to acquire a high quality, land-rich industrial asset providing an immediate opportunity for value-add development, reversion or the ability to occupy. The property is located in one of Brisbane most desirable industrial precincts, just 18 minutes from the Brisbane CBD and within close proximity to major transport routes & infrastructure including Brisbane Airport.

Opportunity Highlights.

Lot 1 & 2 (in-one-line):

- 2,834sqm* total GFA on 19,739sqm* site
- Combined net passing income of $735,820.31* net p.a.
- WALE of 3.24 years (by income) as of December 2024
- Ability to access immediate rental reversion

Lot 1:

- Superb, low site coverage industrial facility with high corporate appeal
- 2,834sqm* of GFA + 466sqm* wash bay (providing 3,300sqm* under-roof)
- Situated across 10,280sqm* site - 27.56% site coverage
- Feature packed building includes three overhead gantry cranes, dedicated wash bay and large power supply
- Stabilised income underpinned by a publicly listed company
- General Industry B zoning permitting low impact to heavy impact industry

Lot 2:

- 7,921sqm* (9,459sqm* including common driveway on title)
- Current DA approval for 3,938sqm* office & warehouse
- Fully serviced site with access to water/sewer, electricity & gas
- Sealed bitumen and concrete improved land
- Fully secure with complete permitter fencing
- General Industry B zoning permitting low to heavy impact industry
- Available to occupy or value add via development or immediate rental reversion

The property is being offered for Sale via an Expressions of Interest campaign closing Thursday 10th October at 4pm (AEST).

*Approx.

EXPRESSION OF INTEREST

Closing date and time10/10/2024 16:00
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Floor Area2,834 m²
Land Area1.97 ha
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019490477
Category
Last updated  17 Sep 2024
Map for Lot 1 & 2/87 Bancroft Road Pinkenba QLD 4008

Property Highlights

Floor Area2,834 m²
Land Area1.97 ha
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019490477
Category
Last updated  17 Sep 2024

Co-Agents

Jack Pershouse
Modus Property Group Pty Ltd
Call
0439 673 141
Nick Bandiera
Modus Property Group Pty Ltd
Call
0421 881 093
David Gibson
Modus Property Group Pty Ltd
Call
0431 119 602

More about Lot 1 & 2/87 Bancroft Road Pinkenba QLD 4008

Lot 1 & 2/87 Bancroft Road Pinkenba QLD 4008 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 2,834 m² and a land area of 1.97 ha. The listing ID for this property is 2019490477.

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