323 Ingham Road,
Garbutt, QLD 4814

Warehouse, Factory & Industrial

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Leased to Bridgestone with 4 years Remaining

National tenant at below market rental
High exposure with 2 street access

- Office Area: 100 m2*
- Warehouse Area: 500 m2*
- Awning Area: 200 m2*
- Land Area: 1132 m2

- This well located industrial property boasts high exposure to Ingham Rd and rear access from Gorden St.
- Steel framed and iron clad construction with front and rear loading
- It's leased to Bridgestone Australia Limited to house their tyre retread factory at below market rental with 4 years remaining on the lease.
- Current net rental is approximately $45,000 pa or $75 / m2 pa net with CPI increments annually.

For more information or to arrange an inspection, please contact:
James Pascoe - 0411 296 070
james.pascoe@colliers.com

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