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Northgate QLD 4013

  • Factory, Warehouse & Industrial
  • 2,358 m²
  • Commercial Auction

Brand New Industrial Asset Leased to Domayne

    Ray White Commercial (QLD) is delighted to offer Lots 16+17, 62 Crockford Street Northgate to the market for Sale by Public Auction (if not sold prior).

    The compelling investment considerations of this asset:
    - Lease guaranteed by Harvey Norman Holdings Limited
    - Annual Net Return of say $330,000.00 + GST
    - 7 years, 7 months primary term; expiring April 2027
    - 5 + 5 years options
    - Brand new built form (completed 2019)
    - 2,358sqm* GFA with generic office to warehouse ratio
    - Freestanding facility on a 4,000sqm* allotment with double frontage
    - Superb business park location, with food and medical amenity at the estate

    Location:
    The subject asset is superbly located in the thriving estate at 62 Crockford Street, Northgate. There is a licensed cafe and medical facilities onsite, providing above market amenity.

    Nearby at Tufnell Road there is a Woolworths anchored retail centre. Comprising; food and beverage, child care and professional services.

    Crockford Street is a feeder off Nudgee Road. Nudgee Road connects with; Toombul Road, the East West Arterial and Kingsford Smith Drive.

    This location is recognised by the market due to its connectivity via the Gateway Motorway, Tunnel Network, Domestic and International Airport Terminals.

    The Northgate/ Banyo precinct offers both bus and rail public transportation solutions.

    *subject to survey

    AUCTION

    Auction date and time16/10/2020 10:30
    Auction locationRay White Corporate Offices, Level 26/ 111 Eagle Street, Brisbane QLD 4000

    Property Highlights

    Property ID2016457360
    Floor Area2,358 m²
    Land Area4,000 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  22 Oct 2020
    Map for Northgate QLD 4013
    Map for Northgate QLD 4013Northgate QLD 4013
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

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    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Property Highlights

    Property ID2016457360
    Floor Area2,358 m²
    Land Area4,000 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  22 Oct 2020
    Ray White Commercial (QLD)
    Level 26 111 Eagle St Brisbane City QLD 4000

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