298 New Cleveland Road,
Tingalpa, QLD 4173
Expressions Of Interest
Key property information
Map of 298 New Cleveland Road
Occupy, Invest or Re-Develop - Your Call... Be Quick!
- 2,023sqm* Freehold Allotment
- Great Opportunity for Owner Occupier
- 750sqm* Office/Warehouse For Lease
The Australian Tradecoast industrial market is currently the best performing industrial market in Australia. Bolstered by multi-billion dollar investment projects into the Brisbane Airport Precinct, major arterial upgrades, the inland rail and Port of Brisbane dedicated freight rail connection and multiple new large development projects, the Tradecoast has experienced the most significant growth in capital values and land values in the country. Tingalpa is within the "Southern Tradecoast" and we are seeing these trends strongly continue with huge demand for freehold properties. With historic low interest rates and limited properties for sale, you will need to be quick.
This elevated 2,023sqm* regular shaped allotment is zoned IN1 (General Industry A) with 23m* frontage to New Cleveland Road. Built circa 1980, the property is constructed with solid Bessa-block and steel. With 1,350sqm* GFA (66% site cover*), this property will suit a wide variety of buyer profiles such as owner-occupiers looking to value add, the developer with a vision and the astute investor.
The property currently has a gross passing income of $162k* per annum + GST. A full tenancy schedule can be provided upon request.
+ 2,023sqm* IN1 Zoned Allotment
+ 1,350sqm* Gross Floor Area (66% site cover*)
+ Bessa-Block and steel construction
+ Gross income $162k per annum + GST (GST not applicable if purchased as a going concern)
+ Vacant possession can be provided
+ 750sqm* Clear span main road Showroom/Warehouse upcoming vacancy 2020
+ 5m Internal height
+ Dual front roller door access
+ Ample 3 Phase power
+ Side Access to rear
+ Great Exposure to New Cleveland Road
+ 10 onsite car parks with unrestricted street parking
Located in a well established industrial precinct 11 radial kilometers from Brisbane CBD, easy connectivity to all major arterial and surrounded by national covenants such as Bunnings, BCF, McDonald's, Storage King, Super Amart, The Good Guys and many more.
This is a genuinely rare opportunity that should not be missed.
Contact Zac Dean or Nick Koschel the exclusive agents from James Dean Commercial for a copy of the information memorandum or private viewing.
Property ID: 503407654Last Updated: 21 Jan 2020