IRREPLACEABLE DEVELOPMENT SITE WITH LONG TERM HOLDING INCOME
490 Nudgee Road Hendra QLD 4011
Attributes and Features
|Building Area||7500 sqm|
|Land Area||17523 sqm|
|Last Updated||Oct 02, 2019|
On behalf of the owners, Cushman & Wakefield are pleased to exclusively present 490-494 Nudgee Road, Hendra to the market for sale via Expressions of Interest closing 5pm (AEST) Thursday 24 October 2019.
This irreplaceable development site with long term income offers the following key attributes:
- One of the largest freehold parcels adjacent to the Brisbane Airport providing huge growth potential
- 17,523 sqm site boasting, 124m frontage to Nudgee Road and 146m frontage to Airport Drive and East West Arterial (56,000+ cars passing daily)
- Over 7,500 sqm of existing improvements on site including office and warehouse accommodation
- Diversified income stream across three staggered lease expiries
- 67% of gross income is anchored by national tenant. Andrew’s Airport Parking - Australia’s largest airport parking network
- Strategic position - Close to the Port of Brisbane, Hamilton Northshore PDA and the Brisbane Airport Second Runway Development
For further information please contact the Exclusive Agents at Cushman & Wakefield.