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Ray White Commercial - Queensland

Address available on request Northgate, QLD 4013

Address available on request,
Northgate, QLD 4013

Warehouse, Factory & Industrial

Price information

Sale - Auction Fri 16 Oct

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Key property information

Land area

Floor area

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$330,000
Number of Tenants
1 Tenant

Auction

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Ray White Commercial - Queensland
Address available on request
Northgate, QLD 4013
Ray White Commercial - Queensland
Paul Anderson
Andrew Doyle
Aaron Aleckson

Ray White Commercial - Queensland

Level 26, 111 Eagle Street
BRISBANE CITY, QLD 4000

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Brand New Industrial Asset Leased to Domayne

  • Lease Guaranteed by Harvey Norman
  • Expiry April 2027 + Options
  • Freestanding + Brand New
Ray White Commercial (QLD) is delighted to offer Lots 16+17, 62 Crockford Street Northgate to the market for Sale by Public Auction (if not sold prior).

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

Location:
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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Additional information

Property ID: 503636338Last Updated: 16 Sep 2020

Agency contacts

Ray White Commercial - Queensland
Ray White Commercial - Queensland
Level 26, 111 Eagle Street
BRISBANE CITY, QLD 4000
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Paul Anderson

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Paul Anderson
Ray White Commercial - Queensland
Address available on request Northgate, QLD 4013

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

Kind Regards,

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