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For Lease | Industrial Withdrawn

Core Industrial Asset with Significant Upside

44-56 Potassium Street
Inquire About This Property
Rental Price:
Building Size:
9,556 SQM
Lot Size:
24,020 SQM
Cushman & Wakefield are pleased to present to the market for Sale via Expressions of Interest 44-56 Potassium Street, Narangba. Situated on Potassium Street the subject property is a unique opportunity to purchase a 2.40ha site with investment or occupier potential in Brisbane’s most sought after industrial precinct. The subject property features: • Two leases in place to well established business’ • Returning $567,146pa net + Outgoings + GST • 24,020sqm* of industrial land, zoned general industry • Total building area of 9,556sqm* • Two cross over access between Radon Street and Neon Street *approx. The opportunity exists for investors and owner occupiers to capitalise on; • Undermarked current rental rates • Lowest industrial vacancy rates seen in Brisbane • Ability to reset existing tenants on longer term leases • Primed for reposition with minimal Capex spend • Significant rental uplift available 44-56 Potassium Street will be offered for sale via Expressions on Interest Closing 29th July 2021. For further information or to arrange an onsite inspection, please contact Exclusive Agents Cushman & Wakefield on the details below. - Queensland - North Coast
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