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2-6 Vennard Street, Garbutt, QLD, 4814
Garbutt
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.
*Approx.
Remember to mention you found this property on CommercialReady
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.
*Approx.
Remember to mention you found this property on CommercialReady
2-6 Vennard Street, Garbutt, QLD, 4814
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
