212 Zillmere Road,
Boondall, QLD 4034

Warehouse, Factory & Industrial

Key property information

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Floor area

Parking info

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Tenure type

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Map of 212 Zillmere Road

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Strategic Industrial Asset with Development Upside

The subject property is located with main road exposure on the border of two major, northern industrial suburbs Geebung and Boondall. This northern precinct is a core industrial suburb, due to its fantastic access to the Gateway Motorway, Airport and only 13 radial kilometers from the CBD.

The subject property is a strategic asset for the savvy investor or developer, due to its strong holding income and development upside, with only 30% site cover.

This outstanding opportunity has the following key features:
- 20,400sqm* of Industrial zoned land
- 6,219sqm* of total building area (30% site cover)
- Located on the highly exposed corner of Newman Road and Zillmere Road (Over 60m of frontage)
- Two well established anchor tenants - Bylaser and Alliance
- Annual Net income of $449,278pa* with plenty of rental upside
- 3 year WALE*

The site offers several vacant hardstand section that could provide an immediate development opportunity to increase return.

For sale via Expressions of Interest closing 26 February 2014 at 4:30pm.

For further information on this quality industrial opportunity do not hesitate in contacting Wright Property.

Boondall, 4034 demographic data

The median household income for Boondall is $1,887, 2% higher than Greater Brisbane's household income of $1,849. Boondall has an older age profile compared to the rest of Greater Brisbane (median age 38 vs 36). Property ownership data shows 53% of property owners in Boondall have a mortgage.

9,603

Population

$1,887 per week

Median household income

38 years

Median age

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