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Cushman & Wakefield Investment Sales are pleased to present 5 Ganley Street in South Gladstone to the market for sale via Expressions of Interest closing at 4pm on Wednesday the 6th of August 2025.
The asset is improved with a 3,225m²* heavy fabrication and engineering facility that is leased to Xtreme Engineering for a period of 8-year lease to 2030 that includes attractive 3.0% annual increases, outgoings that are 100% payable by the tenant and a passing net income of $450,000*.
The property offers the following features:
- Leased to Xtreme Engineering
- 8-year lease to 2030
- Outgoings are 100% payable by the tenant
- Fixed 3.0% annual increases
- 3,225m²* heavy fabrication and engineering facility
- 2 x 30 tonne cranes + 2 x 10 tonne cranes
- 30,350m²* site area
- Low site coverage of only 10.62%
Net Annual Rent: $450,000
For further information or to arrange an inspection please contact Daniel Cullinane or Myles Fredericksen of Cushman & Wakefield Investment Sales.
*Approximate
Remember to mention you found this property on CommercialReady
Cushman & Wakefield Investment Sales are pleased to present 5 Ganley Street in South Gladstone to the market for sale via Expressions of Interest closing at 4pm on Wednesday the 6th of August 2025.
The asset is improved with a 3,225m²* heavy fabrication and engineering facility that is leased to Xtreme Engineering for a period of 8-year lease to 2030 that includes attractive 3.0% annual increases, outgoings that are 100% payable by the tenant and a passing net income of $450,000*.
The property offers the following features:
- Leased to Xtreme Engineering
- 8-year lease to 2030
- Outgoings are 100% payable by the tenant
- Fixed 3.0% annual increases
- 3,225m²* heavy fabrication and engineering facility
- 2 x 30 tonne cranes + 2 x 10 tonne cranes
- 30,350m²* site area
- Low site coverage of only 10.62%
Net Annual Rent: $450,000
For further information or to arrange an inspection please contact Daniel Cullinane or Myles Fredericksen of Cushman & Wakefield Investment Sales.
*Approximate
Remember to mention you found this property on CommercialReady
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