605 Nudgee Road,
Nundah, QLD 4012
Key property information
Tenanted Investment Details
Map of 605 Nudgee Road
Train stations within 5 km of 605 Nudgee Road, Nundah, QLD 4012 Distance Nundah Station 1.3 km Northgate Station 1.4 km Toombul Station 1.5 km Clayfield Station 2.2 km Hendra Station 2.3 kmPOWERED BY HERE © Bus stops within 5 km of 605 Nudgee Road, Nundah, QLD 4012 Distance Amelia St Near York St 422 m Amelia St Near Little Jenner St 482 m York St Near Killeen St 517 m East West Arterial Rd at Nudgee Rd 652 m Hedley Ave Near Buckland Rd 688 mPOWERED BY HERE ©
MULTI-TENANTED INDUSTRIAL INVESTMENT
605 Nudgee Road, Nundah is a high profile, multi-tenanted investment located on Nudgee Road on the border of Nundah and Hendra. The property is strategically located along the main road of Nudgee Road with huge exposure to the Southern Cross Motorway at the rear. The property is situated on a 2,530sqm* site with multiple crossovers to Nudgee Road. The asset is an 890sqm building consisting of two separate tenancies with a total annual net income of $140,000. The anchor tenant, Signarama, has been an extremely long-term tenant, and WSP Services are a national company who moved to Nudgee Road in 2020.
The property is a rare multi-tenanted asset with two national tenants that is perfect for a private investor or self-managed super fund.
• 890sqm* building split into two tenancies
• Securely leased by two national companies
• 2,530sqm* regular shaped site zoned Low Impact Industry (LII)
• Net income of $140,000 per annum*
• Annual increases of CPI or 3% on both leases
• Signarama lease expiry of October 2024 with options
• WSP Services lease expiry of July 2023 with options
• Proven under market rental with future uplift
• Ideally located with huge exposure to both Nudgee Road and the Southern Cross Motorway
• 7km from the Brisbane CBD
This opportunity is offered for sale via expressions of interest closing Thursday 28th July 2022 at 4pm.
For further information and a copy of the information memorandum, please contact the exclusive agents from Cushman & Wakefield.
Property ID: 504103627Last Updated: 11 Aug 2022