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Cushman & Wakefield - Brisbane
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29 Pickering Street Enoggera, QLD 4051

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For Sale

29 Pickering Street
Enoggera, QLD 4051

Showrooms & Bulky Goods • Shop & Retail • Warehouse, Factory & Industrial
Sale Price

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Land area

2314.0m²

Floor area

951.0m²

Car spaces

24

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$255,268
Number of Tenants
1 Tenant
Tenants / Type
Ideal Electrical

Premium Investment Opportunity with International Covenant

  • International tenant
  • Net income of $256,685pa*
  • Recently renewed 5 + 5 year lease
Cushman & Wakefield, on behalf of the owners are pleased to exclusively present 29 Pickering Street, Enoggera to the market for sale via private treaty.

This opportunity boasts the following key attributes;

• Prominent 2,314sqm land holding with two street frontages
• Total building area of 951sqm*
• Current net income of $256,685* + GST
• Income underpinned by global company ‘Rexel’ trading as Ideal Electrical
• Recently renewed 5 + 5 year lease
• Rare opportunity to secure a premium investment in one of Brisbane’s most tightly held precincts
• Surrounded by over 25 national and multi-national retailers

Approx.*

For further information or to arrange an inspection please contact the Exclusive Agents Cushman & Wakefield.

Property ID: 503288006Last Updated: 9 Oct 2019

Cushman & Wakefield - Brisbane
29 Pickering Street
Enoggera, QLD 4051
Joe Kennedy
Myles Fredericksen
Sam Callanan

Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000

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Cushman & Wakefield - Brisbane

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Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000
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Joe Kennedy

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Joe Kennedy
Cushman & Wakefield - Brisbane
29 Pickering Street Enoggera, QLD 4051

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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