26-28 Civil Road,
Garbutt, QLD 4814

Warehouse, Factory & Industrial

Key property information

Land area

Floor area

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Tenure type

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Map of 26-28 Civil Road

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You will Neverfail with this quality industrial investment

Net rental of $121,900 per annum
11 year old building

This modern, freestanding industrial warehouse is tenanted by Neverfail Springwater Co which is a subsidiary of Coca Cola Amatil Limited.

The current lease expires in August 2022 with a 3-year option and is returning $121,900 per year + GST with the tenant paying all outgoings. The rental equates to $115 per sqm net which is well aligned with current market rates.

Neverfail have occupied the property since it was constructed in 2009.

- Building area: 1,060 sqm which includes a suite of air-conditioned offices and showroom;
- Modern tilt slab construction
- Separate male and female bathrooms
- Electric roller doors x 3
- Fully irrigated and landscaped grounds
- 11 on-site car spaces
- Land area: 2,041 sqm
- Zoning: Medium Impact Industry

For more information, please contact Ray White Commercial Townsville.

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

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Most residents

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