Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

For Sale | Industrial Investment Property Sold

MULTI-TENANTED INDUSTRIAL INVESTMENT

605 Nudgee Road
Nundah, Queensland 4012
Australia
Inquire About This Property
Building Size:
890 SQM
Sale Price:
Negotiable

Cushman & Wakefield is pleased to present 605 Nudgee Road, Nundah to the market for sale via Expressions of Interest closing Thursday 28th July 2022 at 4pm.


605 Nudgee Road, Nundah is a high profile, multi-tenanted investment located on Nudgee Road on the border of Nundah and Hendra. The property is strategically located along the main road of Nudgee Road with huge exposure to the Southern Cross Motorway at the rear. The property is situated on a 2,530sqm* site with multiple crossovers to Nudgee Road. The asset is an 890sqm building consisting of two separate tenancies with a total annual net income of $140,000. The anchor tenant, Signarama, has been an extremely long-term tenant, and WSP Services are a national company who moved to Nudgee Road in 2020. 


The property is a rare multi-tenanted asset with two national tenants that is perfect for a private investor or self-managed super fund.


• 890sqm* building split into two tenancies

• Securely leased by two national companies

• 2,530sqm* regular shaped site zoned Low Impact Industry (LII)

• Net income of $140,000 per annum*

• Annual increases of CPI or 3% on both leases

• Signarama lease expiry of October 2024 with options

• WSP Services lease expiry of July 2023 with options

• Proven under market rental with future uplift

• Ideally located with huge exposure to both Nudgee Road and the Southern Cross Motorway

• 7km from the Brisbane CBD


This opportunity is offered for sale via expressions of interest closing Thursday 28th July 2022 at 4pm.


For further information and a copy of the information memorandum, please contact the exclusive agents from Cushman & Wakefield.

- Brisbane - North
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
MORE OPTIONS
AGREE AND CLOSE
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS