51 Enterprise Dr,
Gracemere, QLD 4702
Development Sites & Land • Warehouse, Factory & Industrial
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Map of 51 Enterprise Dr
PASSIVE INVESTMENT WITH UPSIDE - 10% YIELD
- $252,334.30 net rent pa
- 2 year Lease with Options
- DA Approved
The asset has been leased by a joint venture of national construction companies to build and accommodate staff for the $983 million Fitzroy-Gladstone water pipeline project.
The land lease will be used for storage of materials required in the construction of the pipeline and may (STCA) contain an accommodation element for the workers.
The Rockhampton and Central Queensland region is benefitting from high volumes of federal and state government infrastructure grants, creating a thriving local economy.
Additionally, there is strong upside to the offering with its current DA approval to change the lot into 22 parcels of low impact industrial land with downstream infrastructure already in place.
Features:
• $252,334.30 pa net rent
• Jointly tenanted by national companies B.M.D. Constructions Pty Ltd and McConnell Dowell Constructors Pty Ltd
• Tenanted until 21 June 2025 with two (2) 6 Month options
• CPI rent reviews annually
• Bank guaranteed lease
• 11.59Ha* of freehold land
• DA approved for a reconfiguration from one (1) lot into twenty (22) lots
• Easy access to Capricorn Highway via Gracemere overpass
• Situated in growth region with a positive increase in GDP in the last three years
• Passive income stream
• Strong development upside
Contact Neale Crow for more information
The land lease will be used for storage of materials required in the construction of the pipeline and may (STCA) contain an accommodation element for the workers.
The Rockhampton and Central Queensland region is benefitting from high volumes of federal and state government infrastructure grants, creating a thriving local economy.
Additionally, there is strong upside to the offering with its current DA approval to change the lot into 22 parcels of low impact industrial land with downstream infrastructure already in place.
Features:
• $252,334.30 pa net rent
• Jointly tenanted by national companies B.M.D. Constructions Pty Ltd and McConnell Dowell Constructors Pty Ltd
• Tenanted until 21 June 2025 with two (2) 6 Month options
• CPI rent reviews annually
• Bank guaranteed lease
• 11.59Ha* of freehold land
• DA approved for a reconfiguration from one (1) lot into twenty (22) lots
• Easy access to Capricorn Highway via Gracemere overpass
• Situated in growth region with a positive increase in GDP in the last three years
• Passive income stream
• Strong development upside
Contact Neale Crow for more information
Gracemere, 4702 demographic data
The median household income for Gracemere is $1,711, 14% higher than Regional Queensland's household income of $1,507. Gracemere has a younger age profile compared to the rest of Regional Queensland (median age 32 vs 41). Property ownership data shows 61% of property owners in Gracemere have a mortgage.
12,023
Population
$1,711 per week
Median household income
32 years
Median age
Owners
Most residents
Families
Most households
04188861...
51 Enterprise Dr
Gracemere, QLD 4702
Elders Commercial RockhamptonLevel 2, 102 Bolsover Street
ROCKHAMPTON CITY, QLD 4700
ROCKHAMPTON CITY, QLD 4700
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