Cushman & Wakefield is pleased to present 5 & 6/252 Earnshaw Road, Northgate to the market for sale. This is a rare opportunity to purchase a tenanted asset within the tightly held industrial suburb of Northgate. Northgate is situated approximately 12 kilometres north of the Brisbane CBD and is in the heart of Brisbane’s established inner north industrial precinct. The property is easily accessed via Nudgee Road, Sandgate Road and Toombul Road, all being major arterial routes.
The property consists of two industrial units with a total GLA of 540sqm. Unit 5 is currently tenanted to long-term tenant Raw Feeders Kitchen. Unit 6 is currently vacant and has the potential to occupy or lease out.
The property benefits from the following features;
• 540sqm of total GLA
• Each unit consisting of 270sqm
• Multi-tenant investment opportunity
• Unit 5: Tenanted by Raw Feeders Kitchen
• Unit 6: Vacant
• Potential fully leased net income of $117,010pa net
• Modern complex built in 2019
• Depreciation benefits
• Ability to occupy or invest
• Can be purchased in one line or individually
• Suitable for a range of purchasers – Owner occupiers looking for income, investors looking for upside, and anyone in between.
The property is offered for sale via expressions of interest closing Thursday 27th of October 2022 at 4pm (if not sold prior).
For a copy of the information memorandum, or to arrange an inspection, please contact the exclusive agents from Cushman & Wakefield.- Brisbane - North