Versatile Industrial Asset in Major Precinct | Future Owner Occupier

Description

CBRE are pleased to present 688 Ingham Road, Mt Louisa (Townsville) QLD for sale via immediate Offers to Purchase. The property has the following highlights:
+ Net lease to August 2026 to Weir Minerals
+ Tenant pays all outgoings including land tax and repairs & maintenance
+ Weir Minerals (LON: WEIR): multinational engineering company providing solutions for minerals & mining technology markets, operating in over 50+ countries with $2.6 billion in revenue FY23
+ Potential owner-occupier opportunity with short WALE offering substantial holding income until future occupation
+ Versatile industrial facility with 3,450sqm* NLA across two buildings comprising of a 1,850sqm* warehouse plus 240sqm* office & a 1,100sqm* warehouse and 260sqm* office over two levels
+ Features 3 gantry cranes (1 x 10-tonne & 2 x 2.5-tonne at 6m under hook), numerous container height roller doors, 3-phase power supply and ample staff amenities
+ Expansive 1.05ha Medium Impact Industry zoned landholding offering significant access and laydown areas for a variety of Industrial businesses
+ Dedicated access via Ingham Road suitable for B-Double
+ Mostly concreted freehold site with attractive low site coverage allowing for a multitude of future end users (STCA)
+ Strategically positioned in close proximity to the Townsville Airport and the Bruce Highway major arterial route North and Southbound
– 8.5km* from the Townsville CBD, Port of Townsville and Port Access Road
+ 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: $560,000 pa* + GST For Sale via Immediate Offers to Purchase.
Please contact the exclusively appointed CBRE team for further information..
*Approx.

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Contact agents
Neville Smith Senior Director
0400 068 205
Michael Hooper Negotiator
+61 488 332 682
Craig Chapman Senior Director
0427 110 132
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Mount Louisa, QLD

688 Ingham Road

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