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2. Property Highlights

Multi Tenanted Industrial Investment

RWC Queensland is pleased to offer 7 Lathe Street, Virginia for sale via Private Treaty.

7 Lathe Street, Virginia is a multi tenanted freehold investment in the heart of Brisbane's Northside Industrial market. Comprising of three individual detached buildings with a total of 2,779 square meters of lettable space over eight tenancies. The complex is built on General Industry zoned land with a site area of 5,321 square meters.

The 'value add' proposition of the property is where the true investment lies. Capital improvements in recent times makes 7 Lathe Street both set and forget or value add opportunity through lease correction or further infrastructure enhancement.

Property features:

• $379,046 annual rent collection

• $109,135 annual outgoings collection

• $488,181.60 total income

• Varying lease terms through till April 2031

• WALE - 4.01 based on income

• Three Buildings totaling 2,779 square meters NLA

• All tenancies completed with individual amenities

• All tenancies completed with office space

• Container set down space

• Capital works recently completed include things such as roofs

• 39 on-site car parks (Car parking plan in the Data Room)

• 5,321 sqm of land content

Location features:

• 250m* to Sandgate Road

• 11.2km* from the Gateway Motorway access, both North & South bound

• 12.3km* from the Brisbane Airport

• 14.1km* from Brisbane CBD

• 2.1km* from Geebung train station

• National operators in the immediate vicinity include, Bunnings, Office Works, Repco, McDonald's, The Good Guys, 7/11, United Petroleum, BP, CBA, ANZ, and more.

Please contact the exclusive marketing agent Brocke Hambecht from RWC Queensland to arrange an inspection.

Remember to mention you found this property on CommercialReady

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4. Property Location

7 Lathe Street, Virginia, QLD, 4014

Property Map

5. Due Diligence

Site Report Available

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  • Site Summary
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7 Lathe Street, Virginia, QLD, 4014 Virginia
RWC - Qld
RWC - Qld
Level 26, ONE ONE ONE, 111 Eagle Street, Brisbane QLD 4000
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