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242 Preston Road Wynnum West, QLD 4178

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242 Preston Road,
Wynnum West, QLD 4178

Warehouse, Factory & Industrial • Development Sites & Land • Shops & Retail

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Large land holding with attractive lease structure

JLL is pleased to present this outstanding investment situated on an expansive land holding in the heart of Wynnum West for sale via Public Auction, 10:30am on Thursday 18 August 2016 in the Gailey Room at the Regatta Hotel, 543 Coronation Drive, Toowong QLD.

Features of the offering include:
- Brand new 5 year, triple net lease to indoor sports and recreation operator;
- Situated on a 10,180sqm* underutilised regular shaped site with potential future development upside (STCA);
- Existing improvements include 1,175sqm* indoor sporting complex with additional mezzanine and undercover external volleyball court;
- Current annual net income of $136,000* + GST with annual CPI increases
- Positioned within 13km* of the Brisbane CBD and situated within one of Brisbane's sought after bayside suburbs

*Approx

Property ID: 502036642Last Updated: 9 Feb 2017

07 3231 13...
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242 Preston Road
Wynnum West, QLD 4178
JLL - Brisbane
Central Plaza One Level 39, 345 Queen Street
BRISBANE CITY, QLD 4000
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