Prime Brisbane Investment
37 Gravel Pit Road
Darra, QLD 4076
Australia
- Rental Price:
- Negotiable
- Building Size:
- 5,925 SQM
- Lot Size:
- 15,300 SQM
- Sublease:
- No
Cushman & Wakefield is pleased to present ’37 Gravel Pit Road, Darra’ to the market as a rare opportunity to purchase a wholly leased investment located in the exclusive QCL estate.
The QCL Estate is strategically located in Darra, an area well known as one of South East QLD’s most sought after Industrial precincts due to its enviable position that allows ease of access to both the Centenary Motorway, west via the Ipswich Motorway, and the Logan Motorway.
The properties coveted location in Brisbane’s Western Growth Corridor, ease of access to two of South East QLD’s major transport routes, undeniable tenant covenant strength and the ‘A’ grade quality of the buildings construction / presentation all contribute to provide an attractive investment for sophisticated investors targeting security of income and long term capital appreciation.
The generous land holding is improved by a modern tilt panel freestanding building leased to ‘Stoddart Group’ a company recognised as the national leader in their field and with a successful track record of over 60 years.
The most notable investment features are summarised below:
- True net income of $773,760 per annum
- 15,300sqm* site area with exposure to Centenary Motorway
- 5,925sqm* total Gross Floor Area
- New long-term lease in place Stoddard Group a national leader in their field.
- 100% of property outgoings recoverable
- 6 month unconditional bank guarantee
- Fixed 2.75% annual review structure
- Modern tilt panel building providing attractive depreciation benefits
*approx.
37 Gravel Pit Road, Darra is being offered for sale as part of a portfolio together with 79-85 Cowpasture Road, Wetherill Park and the properties may be purchased individually or in one line.
For further details please contact the exclusive agents; - Brisbane - West