Fully Leased Industrial Investment Anchored by National & International Tenants + Development Upside

Burgess Rawson is pleased to offer to the market 387 Bayswater Road, Garbutt (Townsville) QLD for sale via Offers to Purchase.

The property has the following investment highlights:

+ Large 3.8 hectare* freehold industrial landholding in tightly held industrial precinct of Garbutt
+ 7,251sqm* warehouse and office area (low 19% site cover) over two buildings with designated drive around access suitable for B-doubles
+ Clear span high clearance warehouses with gantry crane rail infrastructure
+ International and national lease covenants including Bradken, a wholly owned subsidiary of Hitachi (listed company) & Townsville Hardware (owned by Dahlsens – a large national company)
+ Surplus land areas available for immediate development and or subdivision potential STCA
+ Surrounded by a range of national brands including Bunnings, Harvey Norman, Spotlight, Blackwoods, Toyota & Anaconda
+ Townsville: economic capital of North Queensland with over $27 billion* in infrastructure projects underway and population forecast to grow by 54% by 2041
+ Net Income: $825,186 pa* + GST

For Sale via Offers to Purchase.

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.