Watch Watch
Sold Check
+9 Photos
2-6 Vennard Street, Garbutt, QLD, 4814

2. Property Highlights

Expansive Freehold Opportunity in Tightly Held Industrial Precinct | Leased to Global Steel Distribution Company
  • Long term trading history
  • Favourable CPI reviews
  • Substantial industrial land holding

Burgess Rawson is pleased to offer to the market 2-6 Vennard Street, Garbutt (Townsville) QLD, for sale via Expressions of Interest.

The property has the following investment highlights:

+ Four (4) year net lease to 2026 to subsidiary of InfraBuild, OneSteel Recycling

+ InfraBuild: Australia's largest processor & distributor of steel long products with 150 sites across Australia

+ Landlord favourable CPI rent reviews

+ Substantial 21,135sqm* landholding with low site coverage and highly desirable medium impact zoning, offering future redevelopment opportunities to utilise the site's full capacity

+ 3,500sqm* NLA warehouse facility across 4 separate buildings with ample hardstand fit for heavy vehicle use

+ Strategically positioned within a tightly held industrial precinct, surrounded by numerous national tenants including but not limited to Harvey Norman, Bunnings, Spotlight, Blackwoods, Coates Hire, United Petroleum and Dan Murphy's

+ Located 900m* from Domain Central Townsville, one of Queensland’s largest Homemaker, lifestyle and outlet centres with over 60 of Australia’s largest brand retailers

+ Situated within close proximity to major carriageways and B-double routes - Bayswater Road, Dalrymple Road and Woolcock Street

+ Townsville: economic capital of North Queensland with over $27 billion* in infrastructure projects underway and population forecast to grow by 54% by 2041

+ Net Income: $283,927 pa* + GST

For Sale by Expressions of Interest

Closing Tuesday 16 May at 5:00pm AEST

Please contact the exclusively appointed Burgess Rawson team for more information.


Remember to mention you found this property on CommercialReady

Read More

3. Property Location

2-6 Vennard Street, Garbutt, QLD, 4814

Property Map

4. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into CommercialReady to allow access

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
2-6 Vennard Street, Garbutt, QLD, 4814 Garbutt
calculator-icon Yield Calculator
calcultor-icon Yield Calculator