1 Huxham Street

Raceview Q 4305

$ 3,000,000

Basic Facts

Floor Area: 2519 m² Land Area: 4047 m² Car Parks: 20 Onsite Carparks
Zoning: General Industry Net Rent: $ 226,540 Yield: 7.6% Net Yield
Brilliant Dual Tenanted Investment – 7.6% Net Yield – with 3 and 5 yr leases in place

Located in Raceview, 1 Huxham Street offers direct access to the Ipswich Motorway and the Cunningham Highway.

The property is fully leased to two tenants, Event Solutions & National Automotive Services Pty Ltd.

1A Huxham Street – 1,048m2 premises leased until 01/01/2024 with 1 x 5 year option. 3% yearly increases.

1B Huxham Street – 1,471m2 premises leased until 25/05/2021 with 1 x 3 year option. Annual CPI increases.

The property itself features:

  • 8.5 metre internal warehouse height
  • 9m & 7m wide container height roller doors
  • Dual entry gate access
  • Ample hardstand at the front of the building
  • Plenty of onsite parking
  • Ability to split lease the property in two proportions
  • Heavy grade concrete

This is a solid investment opportunity in an area where a premises of this quality is rare!

  • Properties Qty: 106
  • Company: DC Commercial

With over 25 years experience in his own business, Drew Camm has a wealth of knowledge and experience both in business and negotiating. With a vibrant personality, Drew has established DC Commercial, building the business to focus on being innovative, dynamic and providing excellent customer service.