Cushman & Wakefield is pleased to offer for sale a large scale infill industrial holding located approximately 10km south of the Brisbane CBD.
Rocklea Central, provides an opportunity to acquire a multi-tenanted asset with outstanding exposure to the Ipswich Motorway with the following features;
Large corner site totalling 90,741 sqm* across three individual titles
Total GLA of 29,517 sqm* across 12 buildings
Mix of office warehouse, cold store, retail and sales and display tenancies
Low 32% site cover providing additional hardstand area or further expansion potential (STCA)
WALE 2.2 years, with strong rental reversion
Net passing income of $3,828,556 p.a (as at 1 August 2024)
Historically high occupancy rate, providing secure returns
Three titles provides opportunity to purchase in one line or individually
Short lease term provides ability to occupy two freestanding buildings of 7,704 sqm* and 2,812 sqm*
All three assets are being offered individually or in one line via Expressions of Interest closing Wednesday, 16 October 2024 at 4pm (AEST).
For further information or to arrange an inspection please contact the below exclusive agents.
*Approx.