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60-80 Southlink Street Parkinson, QLD 4115

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60-80 Southlink Street,
Parkinson, QLD 4115

Warehouse, Factory & Industrial

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PREMIUM REFRIGERATED LOGISTICS PORTFOLIO

  • Building area 8,413m²
  • Site area 30,574m²
  • Rand Transport as tenant
Colliers International in conjunction with CBRE are pleased to invite you to purchase this outstanding refrigerated logistics portfolio. The Portfolio represents a unique opportunity to acquire two state-of-the-art industrial logistics facilities set within two of Australia’s premier industrial estates within Melbourne and Brisbane.

Property Addresses:
45 Fulton Drive, Derrimut, Victoria
60 - 80 Southlink Street, Parkinson, Queensland

The offering comprises two assets incorporating a combined net income of $5,320,908 pa (plus GST) as at August 2016. These outstanding properties provide a long term income stream via a highly regarded listed covenant, providing a WALE of 10.7 years.

60 - 80 Southlink Street, Parkinson, Queensland key selling features include:
• Building area 8,413m²
• Further expansion land of 2,998m²
• Site area 30,574m²
• Passing Income $2,868,047 pa net as at Aug-2016
• 10.8 year WALE by income
• Significant covenant strength in Rand Transport who is Australia's leading provider and refrigerated road/rail transport and warehousing services to the food industry.
• Lease guaranteed by Top 200 ASX listed company - Automotive Holdings Group Limited.
• State of the art temperature controlled logistics facility.
• 100% leased until November 2026.
• The property forms part of the Southlink Business Park, approximately 1km from the Logan Highway and 30km from Brisbane Airport.

For information on the Victorian asset please visit web-listing www.colliers.com.au/18714

The portfolio is offered for sale via a Global Expressions of Interest campaign closing 12pm AEDT Thursday 17 March 2016. For further information please contact on of the selling agents listed below.

Property ID: 501841562Last Updated: 22 May 2017

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60-80 Southlink Street
Parkinson, QLD 4115
Colliers - Brisbane
Level 30, 111 Eagle Street
BRISBANE CITY, QLD 4000
CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
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