35 Cambridge Street,
Coorparoo, QLD 4151
Please contact agent
Key property information
Tenanted Investment Details
to arrange a private inspection.
Map of 35 Cambridge Street
Train stations within 5 km of 35 Cambridge Street, Coorparoo, QLD 4151 Distance Coorparoo Station 163 m Norman Park Station 1.1 km Buranda Station 1.6 km Park Road Station 2.4 km Morningside Station 2.4 kmPOWERED BY HERE © Bus stops within 5 km of 35 Cambridge Street, Coorparoo, QLD 4151 Distance Cavendish Rd at Milsom St 81 m Cavendish Rd at Cooparoo College 161 m Stanley St E at Coorparoo Secondary College 206 m Cavendish Rd at Yarrabin Street 300 m Stanley St East at Edgar Street 423 mPOWERED BY HERE ©
Office/ Warehouse Investment Opportunity
- Net income: $835,890 p.a ex GST
- 8-year lease to 2028
- Multinational tenant
Located at 35 Cambridge St in Coorparoo the office/warehouse facility has been operating as a manufacturing facility continuously for over 70 years. The property is so well suited to the this activity that Breezway has recently elected to extend their tenure at the property for a further 8 years to provide a secure rental stream out to July 2028.
The property presents an opportunity for investors and value add developers to acquire a 8,949m² near city land parcel backed by a long term lease to a wholly owned subsidiary of NYSE listed JELD WEN. The balance of security and future growth makes 35 Cambridge Street the most compelling commercial property investment opportunity in the Brisbane market.
Key features include:
• Long term lease to Breezway Australia
• Tenant is a subsidiary of NYSE listed JELD-WEN Ltd
• Net Income $835,890 per annum ex GST
• Fixed annual reviews of 3%
• Outgoings paid by the tenant
• 8 year lease expiring July 2028
• Land Area: 8,949m²* (16 lots)
• Building Area: 6,065m²*
• Prime location 3km* from Brisbane CBD
For more information on this property, contact the exclusive agents at Colliers International.
Explore property virtually
If you'd like to inspect this property in person, please to arrange a private inspection.
Property ID: 503550202Last Updated: 13 Jul 2020