Investment Property
For Sale
  • Industrial/Warehouse

    • Secure 7 Year Triple Net Lease with Development Upside

    2-6 Vennard Street, Garbutt, QLD 4814 Australia
    Investment Property
    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

    AVAILABILITIES

    SORT: AVAILABLE SPACE

    LOCATION

    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.
    Cookie preferences
    Agree All
    Reject All
    SAVE SETTINGS
    Essential
    Non Essential
    Marketing