Functional Cold Store 7+ Year WALE
18 Motorway Circuit, Ormeau QLD 4208
By Negotiation
IndustrialSize: n/a
Block size: 7981 m² approx.
Cushman and Wakefield is pleased to offer for sale a functional cold store facility located at Ormeau, halfway between two of Queensland's largest cities Brisbane and the Gold Coast.
18 Motorway Circuit, Ormeau provides an opportunity to acquire a cold store with a secure lease with the following key features:
4,901sqm* freestanding cold store and food processing facility
Generic design providing ability for building to suit alternative occupiers if tenants was to relocate upon expiry
Embedded tenant with significant capital expenditure in fit out
Corner site with two street access points
7.8 year WALE with a net passing rent of $1,176,985 pa ($240/sqm)
Strong positive rental reversion
Strategically located in proximity to the M1 Motorway
Capitalise on 0% vacancy within the cold store sector given the higher costs of entry
18 Motorway Circuit is being offered for sale via Expression of Interest closing 4pm (AEST) Wednesday 13th March 2024.
For further details please contact the below exclusive agents.
*Approx.
18 Motorway Circuit, Ormeau provides an opportunity to acquire a cold store with a secure lease with the following key features:
4,901sqm* freestanding cold store and food processing facility
Generic design providing ability for building to suit alternative occupiers if tenants was to relocate upon expiry
Embedded tenant with significant capital expenditure in fit out
Corner site with two street access points
7.8 year WALE with a net passing rent of $1,176,985 pa ($240/sqm)
Strong positive rental reversion
Strategically located in proximity to the M1 Motorway
Capitalise on 0% vacancy within the cold store sector given the higher costs of entry
18 Motorway Circuit is being offered for sale via Expression of Interest closing 4pm (AEST) Wednesday 13th March 2024.
For further details please contact the below exclusive agents.
*Approx.
Inspections
No open inspections scheduled.
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Contact Gary Hyland to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Industrial
Block Size:
7981 m²*
Other Details
Lot:
60
Plan Type:
SP
Plan:
157845
Legal description:
60/SP157845
Maps and area information
Block information
Block size: 7981m² (approx)
Legal description: 60/SP157845
Measurements are estimates only and based on data provided under licence from
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Property history
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SummaryMedian sales
Average Age
36 years
Population
15,938
Listing ID: 182294903. This listing has been viewed 2 times. It was first displayed on 13/02/2024 and last updated on 15/05/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.