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22 Lennox Street, Redland Bay, QLD, 4165

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+9 Photos

+11 Photos

Properties / Buy / Queensland / Redland Bay

Tenanted Investment

1. Property Summary

Selling Method

EOI

Selling Details

Contact Agent

Land Area

1,925 m² (*approx)

Floor Area

635 m² (*approx)

Property Type

Industrial

Sub-type

Office/Warehouse, Logistics Building

Terms

5 + 5 year lease with initial term expiring in 2025

Est. Income

$118,450 p/a

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2. Property Highlights

Secure Investment in High-Growth Precinct

Secure Income
Future Expansion Potential
Strong Annual Reviews

JLL is pleased to present 22 Lennox Street, Redland Bay to the market For Sale via Expressions of Interest closing 4pm Wednesday 24th November 2021. Located approximately 30 radial kilometres southeast of the Brisbane CBD, the property is situated within the Redland Bay Business Park Estate and occupied by government-backed business Return-It.

Features of the property include:

- Newly developed 635sqm* freestander with 210sqm* awning
- 1,925sqm* general industry zoned site (33% site coverage)
- 5 + 5 year lease with initial term expiring in 2025
- Net income of $118,450* p.a. with 3% fixed reviews
- Clearspan warehouse with up to 8m* internal clearance
- Generous hardstand with 17 on-site parks and truck loading bay
- Centrally located in a high-growth precinct between Brisbane and Gold Coast
- Site design enables flexible uses and expansion potential

The property is being sold via Expressions of Interest closing 4pm Wednesday 24th November 2021.

For further information or to arrange an inspection, please contact the exclusive marketing agents from JLL.

*Approx

Remember to mention you found this property on CommercialReady.com.au