A rare opportunity to buy a high bay fully leased investment warehouse. The investment being offered to the market has a tenant with an existing 4 year history and mew renewal (October, 2024) for a further 3 + 3 years. The net income after all expenses of $93,326 per annum (exclusive of GST). The Tenant is responsible for 100% of the property expense outgoings the rent increases by CPI annually. Combine these superb investment characteristics with a precinct that is going places. The total spend earmarked by the Brisbane Airport Corporation on new airport facilities at the Brisbane airport by 2032 is $5 billion. A third passenger terminal (Terminal 3) and major refurbishments to existing terminals and additional multi deck car parking buildings are just some of the infrastructure items earmarked for delivery over the next decade at Brisbane Airport Qld 4008. Invest into this industrial precinct by acquiring a fully leased warehouse facility of 264 sqm including a highly significant number of allocated car parks - 9 exclusive use, on-grade car parking bays. Combine the anticipated rental growth in the local market along with the Brisbane 2032 Olympics hosting rights, to realise an opportunity for a highly presentable and well designed warehouse investment. • Extra internal height is a feature of this warehouse (internal clearance of 6.25 metres approx). • 1 x WC Bathrooms to ground floor area • 1 x kitchenette to the ground floor area • 1 x WC Bathroom and kitchenette to the first floor area • Container height electrically operated roller door • Ducted Air-conditioning to the 1st floor & ground floor office areas. • Modern, corporate duplex complex with motorway access to Airport and 1 kilometre to the M1 • Superb architectural design and building specifications Building design characteristics and occupational benefits include: • Modern Warehouse constructed in 2008/2009 • Architectural content provides an abundance of natural light to all office areas on both levels • Extensive modern fit-out including boardroom and large manager’s office • Tax effective investment with generous depreciation allowances • Concrete tilt panel construction ensures excellent levels of security • Safe and secure Business Park environment • 24/7 Operations are Permissable on Airport • Good levels of net return sought after by SMSF super Funds Argus Sam Higgins - Agent Level 15, 66 Eagle St Brisbane Qld 4000 Mobile: + 61 439 034 045 Email: [email protected]
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