CBRE & Colliers as exclusive agents are pleased to present to the market a rare opportunity to purchase a wholly leased investment in the tightly held Eagle Farm precinct.
Returning $517,980.23 pa true net the subject property has the following key attributes;
- Multi Tenanted investment with significant rental uplift.
- Leased to National & Established Companies Keller Group, Arkistruct, Overton Coffee & Transport 2000.
- Long term Established Leases in place.
- Structured annual reviews on each lease to 3% – 3.5%
- Future Development opportunity on highly exposed corner position
- Fast growing Eagle Farm and emerging commercial zoning precinct
The subject property is located in Eagle Farm, approximately a 15 minute drive from the Brisbane CBD. Situated just off Kingsford Smith Drive, the property offers convenient access North and South of this location. The freestanding investment provides users with excellent connectivity to a range of infrastructure servicing the Northern TradeCoast region including the Gateway Arterials, Southern Cross Way, Airport Link / Clem 7 Tunnel’s and the Port of Brisbane Motorway.
The property also offers a desirable location for Airport reliant users and is situated only a 7* minute drive from the domestic / international terminal.
The Eagle Farm/Pinkenba region is Brisbane's most sought after industrial precinct with opportunities to purchase in this area extremely rare.