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SOLD

106 Medway Street, Rocklea, QLD, 4106

Properties / Sold / Queensland / Rocklea

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Auction

Land Area

7,447 m² (*approx)

Floor Area

5634 m² (*approx)

Property Type

Industrial, Offices

Sub-type

Office/Warehouse, Office Suites

Est. Income

$690,807 p/a

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2. Property Highlights

Multi-Tenanted Fully Leased Industrial Investment Opportunity

3 Tenancies
5,634sqm of Building on 7,447sqm of Land
$690,807.20 p/a Gross Rent + GST

- 5,634sqm fully leased warehouse/office space

- 7,447sqm land area

- 3 tenancies - 1,058sqm, 2,163sqm & 2,413sqm

- Gross rent - $690,807.20 p/a + GST

- Approx. yearly outgoings - $123,514.73

- 3 phase power - 300amps per phase & onsite transformer

- Two street access with multiple container height roller doors and 1 loading dock

- Recent extensive building upgrades - including new air conditioning, new membrane roof paint & coating, exterior painting and extensive rewiring of the power for the building

- Opportunity for future rental growth - Gross rents currently at circa $122/sqm

For Sale by Auction (if not sold prior)

Thursday 30 November 2023 at 10:30am Sydney Time, 9:30am Brisbane Time

In Rooms - Mezzanine Level 50 Margaret Street, Sydney or Available Online

Please contact the exclusive agents Sam Intelisano & Wayne Newberry from Raine & Horne Commercial for a copy of the Information Memorandum or to arrange a time to inspect

Remember to mention you found this property on CommercialReady

Property Type

Industrial, Offices

Sub-type

Office/Warehouse, Office Suites

Est. Income

$690,807 p/a

Number Of Tenants

Land Area

7,447 m² (*approx)

Floor Area

5634 m² (*approx)

Selling Method

Auction

Auction Date

30 Nov 2023 09:30AM

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Selling Details

Auction

2. Property Highlights

Multi-Tenanted Fully Leased Industrial Investment Opportunity

3 Tenancies
5,634sqm of Building on 7,447sqm of Land
$690,807.20 p/a Gross Rent + GST

- 5,634sqm fully leased warehouse/office space

- 7,447sqm land area

- 3 tenancies - 1,058sqm, 2,163sqm & 2,413sqm

- Gross rent - $690,807.20 p/a + GST

- Approx. yearly outgoings - $123,514.73

- 3 phase power - 300amps per phase & onsite transformer

- Two street access with multiple container height roller doors and 1 loading dock

- Recent extensive building upgrades - including new air conditioning, new membrane roof paint & coating, exterior painting and extensive rewiring of the power for the building

- Opportunity for future rental growth - Gross rents currently at circa $122/sqm

For Sale by Auction (if not sold prior)

Thursday 30 November 2023 at 10:30am Sydney Time, 9:30am Brisbane Time

In Rooms - Mezzanine Level 50 Margaret Street, Sydney or Available Online

Please contact the exclusive agents Sam Intelisano & Wayne Newberry from Raine & Horne Commercial for a copy of the Information Memorandum or to arrange a time to inspect

Remember to mention you found this property on CommercialReady