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Colliers International - Brisbane

35 Cambridge Street Coorparoo, QLD 4151

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35 Cambridge Street,
Coorparoo, QLD 4151

Warehouse, Factory & Industrial • Offices • Showrooms & Bulky Goods

Price information

Sale - Expression of Interest

Please contact agent

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$836,890
Number of Tenants
1 Tenant
Tenants / Type
Breezway

Private inspections

to arrange a private inspection.

Colliers International - Brisbane
35 Cambridge Street
Coorparoo, QLD 4151
Colliers International - Brisbane
Philip ODwyer
David Brisk

Colliers International - Brisbane

Level 30, 111 Eagle Street
BRISBANE CITY, QLD 4000

Map of 35 Cambridge Street

Directions
  • Train stations within 5 km of 35 Cambridge Street, Coorparoo, QLD 4151Distance
    Coorparoo Station163 m
    Norman Park Station1.1 km
    Buranda Station1.6 km
    Park Road Station2.4 km
    Morningside Station2.4 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 35 Cambridge Street, Coorparoo, QLD 4151Distance
    Cavendish Rd at Milsom St81 m
    Cavendish Rd at Cooparoo College161 m
    Stanley St E at Coorparoo Secondary College206 m
    Cavendish Rd at Yarrabin Street300 m
    Stanley St East at Edgar Street423 m
    POWERED BY HERE ©
POWERED BY HERE ©

Office/ Warehouse Investment Opportunity

  • Net income: $835,890 p.a ex GST
  • 8-year lease to 2028
  • Multinational tenant
Colliers International is pleased to present the Breezway Australia Queensland head office and manufacturing facility for sale by Expressions of Interest closing Thursday 18 June 2020 at 4pm.

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.

*Approximately

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Additional information

Property ID: 503550202Last Updated: 13 Jul 2020

Agency contacts

Colliers International - Brisbane
Colliers International - Brisbane
Level 30, 111 Eagle Street
BRISBANE CITY, QLD 4000
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Philip ODwyer

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Philip ODwyer
Colliers International - Brisbane
35 Cambridge Street Coorparoo, QLD 4151

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

Kind Regards,

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