23-25 Neumann Road,
Capalaba, QLD 4157
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Key property information
Tenanted Investment Details
Map of 23-25 Neumann Road
Train stations within 5 km of 23-25 Neumann Road, Capalaba, QLD 4157 Distance Birkdale Station 4.4 kmPOWERED BY HERE © Bus stops within 5 km of 23-25 Neumann Road, Capalaba, QLD 4157 Distance Crotona Rd Near Fernance Pl 283 m Crotona Rd Near Randwick St 286 m Windemere Rd Near Stovold Pl 390 m Crotona Rd Near Draycott St 432 m Redland Bay Rd at Coolnwynpin Creek 485 mPOWERED BY HERE ©
Tip Top Tenanted Investment
- 2,136sqm GFA on 4,730sqm site
- Returning $492,933.60 net pa plus GST
- High quality commercial bakery fitout
The site features the following features:
-4,730sqm* site with substantial exposure to Neumann Road
-2,136sqm* concrete tilt slab building
-Fully fitout for commercial bakery operation including cold/freezer storage, climate controlled food preparation and proving facility and separate oven room.
-Tenanted by multinational tenant George Weston Foods Limited for 15 years, recently signing further extension.
-Returning $492,933.60* per annum net plus GST
-Leased until 2024: 4 year term commencing 25 May 2020, with 3-year option.
This property is being offered to the market via an Expressions of Interest campaign closing at 4pm 23rd June 2021.
For further information including a detailed information memorandum or to arrange an inspection, please contact the exclusive agents at Colliers.
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If you'd like to inspect this property in person, please to arrange a private inspection.
Property ID: 503830354Last Updated: 15 Sep 2021