High Yielding TradeCoast Industrial Portfolio - Queensland
3 & 5-7A Viola Place, Brisbane Airport QLD 4008
FOR SALE
IndustrialSize: n/a
Block size: 4.76 Hectares approx.
Cushman & Wakefield and Savills are pleased to offer for sale two strategically located industrial investments within the Australia TradeCoast, Queensland's most tightly held and sought after industrial precinct.
3 & 5- 7a Viola Place, Brisbane Airport provide an opportunity to acquire two high quality income producing assets with the following features;
- Total land area 47,646m² across 3 separate lease areas - Total GLA 18,157m² across two high quality freestanding industrial facilities - Low 38% site cover providing expansion potential within one of Queensland's most tight held industrial markets - Net income of $1,324,270p.a (as at 1 November 2023) - Staggered lease expiry with a 7.5 year WALE, with ability to access expansion potential on one of the assets within 2.3 years - Secure leases to highly regarded covenants with strong annual review structures - Outstanding Australia TradeCoast location approximately 8km from the Brisbane CBD - Long term ground lease with options (49 years) providing security of land holding
For further information please contact the exclusive agents below
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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.
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