Unit 2, 42 Carmel Street,
Garbutt, QLD 4814

Warehouse, Factory & Industrial

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Map of Unit 2, 42 Carmel Street

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Ideal Industrial Warehouses for an Investor

3 Year Lease in Place till March 2022
High Clearance Warehouse & Auto Door
Ideal for First Time Investor

This modern tilt slab warehouse is part of a six unit complex that was built in the year 2000 and is now available for immediate Sale as a great investment. Unit 2 is a 121m2 warehouse and is for sale with a 3 Year Lease in place for $22,757 Net plus GST to Kone Elevators. This means you can buy your own warehouse as an investment with close to an 8% Net Return for only $305,000.

It is a high clearance warehouse with a large automatic roller door plus two large and neat offices along with a disabled toilet, shower and kitchenette. The complex has been well looked after and this warehouse would suit an investor looking for a stable return for the future. The current tenant Kone Elevators have been in the complex for many years and recently signed a new 3 Year Lease.

Unit 2 is available for sale for only $305,000 which is a great return on the current net income. To arrange an inspection contact Shaun McLaren at Colliers International today.

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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