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DUGAN & CO PROPERTY
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56 Kenilworth Street Morgan Park, QLD 4370

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For Sale - Sale by Negotiation

56 Kenilworth Street
Morgan Park, QLD 4370

Warehouse, Factory & Industrial
Sale Price

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Land area

2.17ha (5.36 acres)

Floor area

6370.0m²

Parking info

50

Zoning

Industry

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$521,299
Number of Tenants
3 Tenants
Tenants / Type
APN Print, Norco & Denweld

YOU DESERVE THE BEST, GET A 9.47%* RETURN + OUTSTANDING TENANTS!

56 Kenilworth Street, Morgan Park is situated just outside of Warwick in the highly sought after administrative center of the Southern Downs Regional council in Southeast Queensland 130 kilometers south-west of Brisbane.

This exceptional long term investment features the following:

- Tenant: APN, owned by one of the worlds largest media companies, News Corp.
- Tenant: Norco, a 124 year old company with annual turnover of $590 million
- Lease: APN Print on 10+5 Year lease and Norco Co-cop on 3+3 Year lease
- Estimated net income of $521,299 net p.a. +GST and yield of 11%
- Two freestanding buildings with combined area 6,370m2* & massive 21,700m2* site
- Excellent access to the New England & Cunningham Highways, the state's inland north-south corridor and the major Sydney-Brisbane inland route

Located 130 kilometres south-west of Brisbane, the Southern Downs is a location of choice for business, investment and employment, the region's abundant industry diversity and transport infrastructure underpin its role as a major hub for South East Queensland's agricultural, manufacturing and food processing, health and aged care, tourism and transport.

Investments such as this with exceptional return’s & strong lease covenant’s are rarely available, contact EXCLUSIVE AGENT's, Paul Dugan, of Dugan & Co Property & Dan Dwan of Colliers International for an IM. *approx

Property ID: 503319598Last Updated: 17 Oct 2019

DUGAN & CO PROPERTY
56 Kenilworth Street
Morgan Park, QLD 4370
Paul Dugan

DUGAN & CO PROPERTY

Level 1, 88 Commercial Road
NEWSTEAD, QLD 4006

Agency contacts

DUGAN & CO PROPERTY

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DUGAN & CO PROPERTY

Level 1, 88 Commercial Road
NEWSTEAD, QLD 4006
Colliers International - Toowoomba

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Colliers International - Toowoomba

126 Margaret St
TOOWOOMBA CITY, QLD 4350
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Paul Dugan

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Paul Dugan
DUGAN & CO PROPERTY
56 Kenilworth Street Morgan Park, QLD 4370

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

Kind Regards,

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