Cushman and Wakefield is pleased to offer for sale a functional cold store facility located at Ormeau, halfway between two of Queensland's largest cities Brisbane and the Gold Coast.
18 Motorway Circuit, Ormeau provides an opportunity to acquire a cold store with a secure lease with the following key features:
4,901sqm* freestanding cold store and food processing facility
Generic design providing ability for building to suit alternative occupiers if tenants was to relocate upon expiry
Embedded tenant with significant capital expenditure in fit out
Corner site with two street access points
7.8 year WALE with a net passing rent of $1,176,985 pa ($240/sqm)
Strong positive rental reversion
Strategically located in proximity to the M1 Motorway
Capitalise on 0% vacancy within the cold store sector given the higher costs of entry
18 Motorway Circuit is being offered for sale via Expression of Interest closing 4pm (AEST) Wednesday 13th March 2024.
For further details please contact the below exclusive agents.
*Approx.