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Cushman & Wakefield - Brisbane
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29 Pickering Street Enoggera, QLD 4051

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For Sale - Expression of Interest closing Thu 5 Sep

29 Pickering Street Enoggera, QLD 4051

Showrooms & Bulky Goods • Shop & Retail • Warehouse, Factory & Industrial
Sale Price

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Land area

2314.0m²

Floor area

951.0m²

Car spaces

24

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$255,268
Number of Tenants
1 Tenant
Tenants / Type
Ideal Electrical

Expression of Interest

Closing

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Premium Investment Opportunity with International Covenant

  • International tenant
  • Net income of $256,685pa*
  • Recently renewed 5 + 5 year lease
Cushman & Wakefield, on behalf of the owners are pleased to exclusively present 29 Pickering Street, Enoggera to the market for sale via Expressions of Interest closing 5th September 2019.

This opportunity boasts the following key attributes;

• Prominent 2,314sqm land holding with two street frontages
• Total building area of 951sqm*
• Current net income of $256,685* + GST
• Income underpinned by global company ‘Rexel’ trading as Ideal Electrical
• Recently renewed 5 + 5 year lease
• Rare opportunity to secure a premium investment in one of Brisbane’s most tightly held precincts
• Surrounded by over 25 national and multi-national retailers

Approx.*

For further information or to arrange an inspection please contact the Exclusive Agents Cushman & Wakefield.

Property ID: 503288006Last Updated: 14 Aug 2019

Cushman & Wakefield - Brisbane
29 Pickering Street
Enoggera, QLD 4051
Sam Callanan
Myles Fredericksen
Joe Kennedy

Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000

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Cushman & Wakefield - Brisbane

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Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000
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Sam Callanan

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Sam Callanan
Cushman & Wakefield - Brisbane
29 Pickering Street Enoggera, QLD 4051

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

Kind Regards,

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