23 Bombala Street,
Garbutt, QLD 4814

Warehouse, Factory & Industrial

Key property information

Land area

Floor area

Parking info

Tenure type

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Map of 23 Bombala Street

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Solid Investment

New to the market, this property is fully occupied and provides 2 industrial tenancies. Built in 1993 by the Lancini Group, the building is of concrete block construction with 6 high clearance roller doors. The total building area of 866sq.m is made up of modules of 580sq.m leased to O'Brien Glass Industries and 286sq.m leased to Labtek. Each tenancy provides the ideal mix of clear span warehouse, office and showroom and each with their own amenities. The balance of the 2002sq.m site is concrete sealed driveway and car parking. Located in a great industrial area with good rental stream and high growth projected.

Land area - 2,002sq.m

Building area - 866sq.m

Zoning - General Industry

Current Gross Rental - $74,500 pa (plus GST)

Garbutt, 4814 demographic data

The median household income for Garbutt is $1,082, 28% lower than Regional Queensland's household income of $1,507. Garbutt has an older age profile compared to the rest of Regional Queensland (median age 42 vs 41). Property ownership data shows 57% of property owners in Garbutt have a mortgage.

2,309

Population

$1,082 per week

Median household income

42 years

Median age

Renters

Most residents

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Most households