Address available on request,
Northgate, QLD 4013
Key property information
Tenanted Investment Details
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Brand New Industrial Asset Leased to Domayne
- Lease Guaranteed by Harvey Norman
- Expiry April 2027 + Options
- Freestanding + Brand New
The compelling investment considerations of this asset:
- Lease guaranteed by Harvey Norman Holdings Limited
- Annual Net Return of say $330,000.00 + GST
- 7 years, 7 months primary term; expiring April 2027
- 5 + 5 years options
- Brand new built form (completed 2019)
- 2,358sqm* GFA with generic office to warehouse ratio
- Freestanding facility on a 4,000sqm* allotment with double frontage
- Superb business park location, with food and medical amenity at the estate
The subject asset is superbly located in the thriving estate at 62 Crockford Street, Northgate. There is a licensed cafe and medical facilities onsite, providing above market amenity.
Nearby at Tufnell Road there is a Woolworths anchored retail centre. Comprising; food and beverage, child care and professional services.
Crockford Street is a feeder off Nudgee Road. Nudgee Road connects with; Toombul Road, the East West Arterial and Kingsford Smith Drive.
This location is recognised by the market due to its connectivity via the Gateway Motorway, Tunnel Network, Domestic and International Airport Terminals.
The Northgate/ Banyo precinct offers both bus and rail public transportation solutions.
*subject to survey
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Property ID: 503636338Last Updated: 16 Sep 2020