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1 Huxham Street Raceview, QLD 4305

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For Sale

1 Huxham Street Raceview, QLD 4305

Warehouse, Factory & Industrial • Showrooms & Bulky Goods • Other
Sale Price

$3,000,000

Land area

0.4ha (1.0 acres)

Floor area

2519.0m²

Car spaces

20

Parking info

Onsite Parking

Property extent

Whole

Zoning

General Industry

Tenure type

Tenanted Investment

Return

7.6% p.a.

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$226,540
Number of Tenants
2 Tenants
Tenants / Type
Industrial

Brilliant Dual Tenanted Investment - 7.6% Net Yield - with 3 and 5 yr leases in place

  • 7.6% Net Yield - Fantastic Investment!
  • 2 Secure Tenants - Great Leases in place
  • Quality premises - Rarity in this area!

Located in Raceview, 1 Huxham Street offers direct access to the Ipswich Motorway and the Cunningham Highway.

The property is fully leased to two tenants, Event Solutions & National Automotive Services Pty Ltd.

1A Huxham Street - 1,048m2 premises leased until 01/01/2024 with 1 x 5 year option. 3% yearly increases.

1B Huxham Street - 1,471m2 premises leased until 25/05/2021 with 1 x 3 year option. Annual CPI increases.

The property itself features:

• 8.5 metre internal warehouse height

• 9m & 7m wide container height roller doors

• Dual entry gate access

• Ample hardstand at the front of the building

• Plenty of onsite parking

• Ability to split lease the property in two proportions

• Heavy grade concrete

This is a solid investment opportunity in an area where a premises of this quality is rare!

Property ID: 503076294Last Updated: 25 Jan 2019

0432 *** ***
1 Huxham Street
Raceview, QLD 4305

Agency contacts

DC Commercial

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DC Commercial

Toowoomba
TOOWOOMBA CITY, QLD 4350
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Drew Camm

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Drew Camm
DC Commercial
1 Huxham Street Raceview, QLD 4305

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

Kind Regards,

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