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Airport Precinct Investment with Upside!

504 Nudgee Road Hendra QLD 4011

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Auction Sold
Showrooms & Bulky Goods
Investment
Property No.

Attributes and Features

Building Area 385 sqm
Land Area 2023 sqm
Last Updated Oct 23, 2019
Status Sold

Cushman & Wakefield is pleased to present for sale this rare investment opportunity at 504 Nudgee Road, Hendra. Located just 7 radial kilometres from the CBD and on the Brisbane Airport's doorstep, this site is both in a prime position and offers future development upside.

The subject property is leased to national company East Coast Car Rentals and is a ‘sales yard style’ facility with the following features:

- 385sqm* office/showroom facility with 150sqm* awning
- 2,023sqm* General Industry B site with 19% site cover
- Current net return of $128,544pa + Outgoings + GST
- 3 year lease expiring on the 31/5/2020 with 2 x 3 year options
- Security equivalent to 3 month’s + GST
- Market rent review at option
- Approved wash-bay
- Located at the nexus of the Brisbane Airport, where the Gateway Motorway meets Nudgee Road

*approx.

Offered for Sale via Public Onsite Auction at 11am Thursday 24th of October 2019.

For further information contact Exclusive Agents

Airport Precinct Investment with Upside!504 Nudgee RoadHendra, QLD 4011
504 Nudgee Road Hendra QLD 4011