CG Property Group as the Exclusive Agents are pleased to offer for sale 126 Main Beach Road Pinkenba for sale via expressions of interest. Situated within Brisbane’s most sought-after industrial region the Australian Tradecoast Precinct, the asset is a high-quality manufacturing facility with the following key features: • High-quality office and manufacturing facility totalling 10,656sqm constructed by award winning builder Spaceframe purpose built for the occupier • Corner 20,270sqm land site with excellent dimensions of 100m x 200m and dual crossovers onto Main Beach Road • Long lease of 10 years with 10-year option in place (9 years remaining on initial term) to market leading tenant with significant investment into the facility and region • Current net passing income of $1,634,344* ($155/sqm) per annum (as at 1 July 2025) which is significantly under market • Strong annual review structure in place with ratcheted mid-term market review allowing access to rental growth • Leased to Wire Industries, Australia’s market leading supplier of reinforcing steel with locations in Brisbane, Sydney and Melbourne who were recently acquired by Westview Group • Significant commitment to the area by Westview Group commencing construction of a new $750M 36ha cutting-edge steel mill in Pinkenba with completion in 2027 • Significant land holding in Australia’s most tightly constrained land market • Ability to purchase significantly below replacement value with construction costs set rise in the coming years due to Olympics and Infrastructure projects • Tactically located within a significant growth market poised to take advantage of upcoming infrastructure projects • Strategically positioned within the Australian Tradecoast Precinct adjacent to the Brisbane Airport, Port of Brisbane and providing access to all markets via the Gateway Motorway. 126 Main Beach Road, Pinkenba is being offered for sale via Expressions of Interest closing Thursday the 15th of May at 4pm (AEST). To request further due diligence information or to arrange an inspection, contact the exclusive CG Property Group selling agents; Michael Callow, Dan Munnich and Mark Gilbride.
ส่งอีเมลสอบถามได้ที่ CG Property Group
รหัสอสังหาริมทรัพย์: 504835752
รหัสอสังหาริมทรัพย์เดิม: 504835752