7 Lathe Street,
Virginia, QLD 4014
Warehouse, Factory & Industrial
Price information
Sale - Auction Thu 13 Jun
In-Room Auction - 13 June, 2024 3pm
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RWC - Queensland
Level 26, 111 Eagle StreetBRISBANE CITY, QLD 4000
04665997...
7 Lathe Street
Virginia, QLD 4014
Map of 7 Lathe Street
Train stations within 5 km of 7 Lathe Street, Virginia, QLD 4014 Distance Sunshine Station 978 m Geebung Station 1.2 km Virginia Station 1.8 km Banyo Station 2 km Bindha Station 2.2 km POWERED BY HERE ©Bus stops within 5 km of 7 Lathe Street, Virginia, QLD 4014 Distance Sandgate Rd Near Ferric St 210 m Sandgate Rd at Virginia 430 m Sandgate Rd at Boondall South 506 m Sandgate Rd at Pritchard Road 723 m Sandgate Rd at Nudgee College 1 km POWERED BY HERE ©
POWERED BY HERE ©
Multi Tenanted Industrial Investment
RWC Queensland is pleased to offer 7 Lathe Street, Virginia for sale via Public Auction Thursday 13 June 2024, 3pm (AEST).
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.
The auction will be held In-Rooms at Level 26/111 Eagle Street, Brisbane at 3:00pm (AEST), 13th of June, 2024.
Please contact the exclusive marketing agent Brocke Hambecht from RWC Queensland to arrange an inspection.
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.
The auction will be held In-Rooms at Level 26/111 Eagle Street, Brisbane at 3:00pm (AEST), 13th of June, 2024.
Please contact the exclusive marketing agent Brocke Hambecht from RWC Queensland to arrange an inspection.
Additional information
External websites
Property ID: 504594068Last Updated: 22 May 2024
RWC - QueenslandLevel 26, 111 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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