Fully Leased Industrial Investment Anchored by National & International Tenants + Development Upside
Description
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.
Enquire
Contact agents
Neville Smith Partner
0400 068 205Michael Hooper Sales Executive
0488 332 682Craig Chapman Sales Executive
0427 110 132Enquiry Form
Garbutt, QLD
387 Bayswater Road
For Sale by Expression of Interest
This property is part of Portfolio 164
Price: Contact Agent
Contact agents
-
Neville Smith Partner
0400 068 205 -
Michael Hooper Sales Executive
0488 332 682 -
Craig Chapman Sales Executive
0427 110 132