1 Huxham Street
Raceview Q 4305
|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: 119
- 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.
- 0432 055 250