72 Formation Street,
Wacol, QLD 4076
Warehouse, Factory & Industrial • Offices
Key property information
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Property extent
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CG Property Group
3 Latrobe TerracePADDINGTON, QLD 4064
72 Formation Street
Wacol, QLD 4076
Map of 72 Formation Street
INVESTMENT SALE - MULTI-NATIONAL TENANT
- 9,704sqm Office & warehouse facility
- 18,900sqm General Industry C (IN3)
- Leased to multi-national tenant
CG Property and CBRE are pleased to offer 72 Formation Street, Wacol, to the market for sale via Expressions of Interest.
Features of the property include:
- 9,704 sqm* office & warehouse facility
- 18,910 sqm* General Industry C landholding
- Fully leased to long-standing occupier Penske Commercial Vehicles Pty Ltd
- Tenant occupies multiple adjoining sites
- WALE of 4.3 years (as at 1 May 2021)
- Net passing income of $1,381,498 per annum
- Further 5-year option
*Approx.
The property is located in the highly sought-after Western Corridor. The site is approx. 20 minutes from the Brisbane CBD offers excellent access to major arterials, including the Ipswich, Logan, and Centenary Motorways.
For sale via Expressions of Interest closing Thursday 6th May 2021. AEST
For further details or to arrange an inspection, please contact the Exclusive Agents.
Features of the property include:
- 9,704 sqm* office & warehouse facility
- 18,910 sqm* General Industry C landholding
- Fully leased to long-standing occupier Penske Commercial Vehicles Pty Ltd
- Tenant occupies multiple adjoining sites
- WALE of 4.3 years (as at 1 May 2021)
- Net passing income of $1,381,498 per annum
- Further 5-year option
*Approx.
The property is located in the highly sought-after Western Corridor. The site is approx. 20 minutes from the Brisbane CBD offers excellent access to major arterials, including the Ipswich, Logan, and Centenary Motorways.
For sale via Expressions of Interest closing Thursday 6th May 2021. AEST
For further details or to arrange an inspection, please contact the Exclusive Agents.
Wacol, 4076 demographic data
4,253
Population
$1,379 per week
Median household income
35 years
Median age
Owners
Most residents
Families
Most households
CG Property Group3 Latrobe Terrace
PADDINGTON, QLD 4064
PADDINGTON, QLD 4064
CBRE - BrisbaneWaterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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