1/78-80 Eastern Road,
Browns Plains, QLD 4118

Warehouse, Factory & Industrial

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Car spaces

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SECURED LEASED INVESTMENT

Ray White Commercial GC South are pleased to offer for sale 1/78-80 Eastern Road, Browns Plains for $725,000.

The subject property is a modern streetfront industrial stata warehouse located in the main business precinct of Browns Plains. Browns Plains is located approximately 24 kilometres south of the Brisbane CBD and is home to a number of national retailers.

Property features include:
- 390m2* of showroom, warehouse & office
- Air conditioned mezzanine office with great natural light
- Clearspan warehouse with 7m clearance
- Fully secured showroom area
- 32 & 10 amp - Phase power & Security system
- 9 x car spaces on title
- Zoned: Mixed Use with retail showroom approvals in place

The property will be sold as a going concern with a leased back to the current owner that will commence upon settlement, therefore presenting as a quality long-term investment with no initial vacancy factor.

Lease details
Tenant: Boss Compressors
Lease term: 3 + 3 year
Fixed 3% increases and review to market at option
Annual rent: $50,700 per annum plus outgoings

Please contact Sam Riley 0409 490 581 or Aaron Neylan on 0401 282 299 to discuss this opportunity.

*Approximately

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Browns Plains, 4118 demographic data

The median household income for Browns Plains is $1,390, 25% lower than Greater Brisbane's household income of $1,849. Browns Plains has a younger age profile compared to the rest of Greater Brisbane (median age 34 vs 36). Property ownership data shows 61% of property owners in Browns Plains have a mortgage.

6,632

Population

$1,390 per week

Median household income

34 years

Median age

Owners

Most residents

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