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FLEXIBLE BRENDALE FREESTANDER WITH HOLDING INCOME
Industrial & Warehouse
Attributes and Features
|Building Area||3157 sqm|
|Land Area||5037 sqm|
|Last Updated||Nov 30, 2016|
This property is located on Combarton Street in Brendale. The site has easy arterial access to the Bruce Highway & Gateway Motorway, is only 24 minutes to Brisbane Airport and 30 minutes to Brisbane CBD.
16 Combarton St offers a unique opportunity to secure a quality tilt panel 3,157sqm free stander in one of Brisbane fastest growing industrial precincts. The site area is 5,037sqm majority of which is concreted providing ample room for truck access, parking and container set down areas. The building is split into two separate tenancies Unit 1 (1,428sqm) which is vacant and Unit 2 (1,729sqm) which is currently occupied by Proex Automotive Queensland. Proex have agreed to re-sign for 3 years plus options returning $198,835pa net + GST ($115/sqm).
Freestanding buildings of this caliber rarely come available In Brisbane’s Northern Industrial corridor. The site offers flexibility to owner occupiers, seeking 1,428sqm to 3,157sqm or savy investors seeking a quality freestander with upside. Brendale is one of Brisbane’s fastest growing industrial suburbs and is becoming increasingly difficult to find properties of this nature.
Property Features Include:
• 5,037sqm General Industry zoned site
• 3,157sqm freestanding tilt panel building
• Unit 1 – 1,428sqm with additional mezzanine & pallet racking
• Unit 2 - 1,729sqm tenanted by Proex
• Holding Income $198,835pa net + GST
• 6 electric container height roller doors
• Large all weather awning
• Ample concrete hardstand for both tenancies
• Fantastic location minutes from the Bruce Highway
For more information or to arrange an onsite inspection, please contact Cushman & Wakefield.