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Cushman & Wakefield and Savills are pleased to offer for sale two strategically located industrial investments within the Australia TradeCoast, Queensland’s most tightly held and sought after industrial precinct.
3 & 5- 7a Viola Place, Brisbane Airport provide an opportunity to acquire two high quality income producing assets with the following features;
- Total land area 47,646m² across 3 separate lease areas
- Total GLA 18,157m² across two high quality freestanding industrial facilities
- Low 38% site cover providing expansion potential within one of Queensland’s most tight held industrial markets
- Net income of $1,324,270p.a (as at 1 November 2023)
- Staggered lease expiry with a 7.5 year WALE, with ability to access expansion potential on one of the assets within 2.3 years
- Secure leases to highly regarded covenants with strong annual review structures
- Outstanding Australia TradeCoast location approximately 8km from the Brisbane CBD
- Long term ground lease with options (49 years) providing security of land holding
For further information please contact the exclusive agents below.
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