Representing a rare opportunity to secure a quality property in Zillmere's premiere industrial street, this warehouse also benefits from close access to major arterials Gympie and Sandgate Road.
The site is accessed via a driveway that runs to Pineapple Street on the southern perimeter of the property.
The land is improved by a concrete tilt panel warehouse that is approximately 8.5 metres in height. The warehouse possesses four container height roller doors and has a small ground floor office.
- NLA: 1,795m²
- Land Area: 3,317m²
- Currently leased to Trelleborg Engineered Products, (lease extension of 6 months applied) expiring 11/02/2020
- Net income of approximately $114.66/m².
- Budgeted Recoverable Outgoings - $34,505 p.a. ($19.22/m²)
- Budgeted Non-Recoverable Outgoings (Land Tax) $10,650 p.a.**
As part of a relatively small and dense industrial pocket, and more broadly surrounded by a populous commercial and residential area, Zillmere's industrial precinct holds nearly no scope for developing more industrial land. Characteristic of much of Brisbane's Northern industrial, the wider precinct provides little opportunity to create more industrial product. As a result, the existing product is in an optimum position to capitalise on the high leasing demand whilst simultaneously being protected by limited supply.
As the exclusive marketing agents, we encourage your consideration of this asset and look forward to assisting you with your enquiries.
**Tax rate assumes entity owns no other taxable property