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DUGAN & CO PROPERTY - NEWSTEAD

4 Devlan Street Mansfield, QLD 4122

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4 Devlan Street,
Mansfield, QLD 4122

Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Offices

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DUGAN & CO PROPERTY - NEWSTEAD
Tom Wotton
Jascha Johnston

DUGAN & CO PROPERTY - NEWSTEAD

Level 1, 88 Commercial Road
NEWSTEAD, QLD 4006
DUGAN & CO PROPERTY - NEWSTEAD
4 Devlan Street
Mansfield, QLD 4122

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FIRST TIME TO MARKET PRIME MULTI-TENANTED INVESTMENT

  • PRIME FREESTANDING TENANTED INVESTMENT
  • FIRST EVER TIME TO MARKET
  • EXTREMELY LOW TURN-OVER RATE
Mansfield is one of Brisbane's most strategically located and highly sought after commercial/industrial precincts, close to the Brisbane Airport, Port of Brisbane & CBD.

This prime freestanding 1,318m²* facility comprises 141m²* of commercial grade office and 1,177m²* of highbay clear span warehouse split over two tenancies on 2,019m²* of land.

Property Features:
- Auction 25th Feb 2022 11:30am (If Not Sold Prior) at Mansfield Tavern
- First Ever Time to Market
- Extremely Low Turn-Over Rate
- Total Net Annual Rental of $161,113.00 p.a. + gst + outgoings
- Magic Door & Gate Service & Installation have occupied their tenancy for over 30 years*
- Both Leases In Place Until End of 2023 with Options to Renew for Each
- Large Concrete Hardstand for Easy Truck Turning and Loading
- Ample Parking and Amenities
- Container Height Roller Doors
- Close to Major Arterial Roads

Tenancy A:
- Magic Door & Gate Service & Installation
- Long Term Tenant of Over 30 Years
- $87,900.00 p.a. + gst + outs
- 3+3 Year Lease
- Commercial Grade Office 124m²*
- Highbay Warehouse 597m²*

Tenancy B:
- Ironfist Muay Thai - Boxing
- Second Ever Tenant to Occupy Tenancy B
- $73,213.00 p.a. + gst + outs
- 5+5 Year Lease
- Commercial Grade Office 17m²*
- Highbay Warehouse 580m²*

For further details or to arrange an inspection contact EXCLUSIVE AGENTS, Dugan & Co Property.

The above details have been provided by the vendor, are approximate only and parties are to satisfy themselves with regards to their accuracy. Approx*

Property ID: 503972218Last Updated: 13 Apr 2022

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