The asset comprises two A-grade warehousing and distribution facilities on a 4 hectare site, located 4.5 kilometres east of the Brisbane CBD. Both industrial facilities were refurbished in 2017. The site has a large unused parcel of land that has development approval for a 5,872m² extension to the existing warehouse, providing development upside to both capital value and net property income.
Year of Construction | Refurbished 2017 |
|---|---|
Acquisition Date | 2019 |
Independent Valuation | $51,000,000 (April 2022) |
Capitalisation Rate | 4.50% |
Discount Rate | 5.75% |
NABERS Rating | N/A |
NLA | 16,979m² |
Car Spaces | N/A |
WALE
Contact GARDA on 07 3002 5300 or leasing@gardaproperty.com.au for more information.
