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 068 205
Michael Hooper Sales Executive
0488 332 682
Craig Chapman Sales Executive
0427 110 132
Enquiry Form

Garbutt, QLD

387 Bayswater Road

For Sale by Expression of Interest

This property is part of Portfolio 164

Price: Contact Agent

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