Investment Property Sold
For Sale Industrial/Warehouse

Secure 7 Year Triple Net Lease with Development Upside

2-6 Vennard Street, Garbutt, QLD 4814 Australia
Investment Property Sold
For Sale Industrial/Warehouse

Secure 7 Year Triple Net Lease with Development Upside

2-6 Vennard Street, Garbutt, QLD 4814 Australia
Building Size
1,562 SQM
Lot Size
21,084 SQM
Building Size
1,562 SQM
Lot Size
21,084 SQM

OVERVIEW

Cushman & Wakefield are pleased to present to the market 2-6 Vennard Street, Garbutt a securely leased industrial investment with future development upside.


Key features of the offering include: 


- 7 year triple net lease to OneSteel Recycling (100% subsidiary of InfraBuild Australia)

- Large 21,084sqm* land holdings across 2 titles

- Low 16% site cover providing future expansion or redevelopment options (STCA)

- Strategically located within the tightly held Garbutt industrial precinct approximately 6km west of the Townsville CBD and 2km from the Townsville Airport

- Net income $400,000 pa

- Strong annual reviews – Greater CPI or 3.5%

- Purchase price underpinned by land value


2-6 Vennard Street, Garbutt is being offered for sale via Expressions of Interest closing 4pm Thursday 4th September 2025.


For further details please contact the below exclusive marketing agents.


*Approx.

- Queensland - North

CONTACT

Details

Building Size:
1,562 SQM
Sale Price:
Contact us for pricing
Lot Size:
21,084 SQM

CONTACT

Secure 7 Year Triple Net Lease with Development Upside

LOCATION

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