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1/13 Central Court
Hillcrest QLD 4118
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Sold on 27 Jun 2024

1/13 Central Court Hillcrest QLD 4118

  • Factory, Warehouse & Industrial
  • 420 m²
  • Sold

Entry Level Industrial Investment Leased to International Electrical Giant

    Burgess Rawson is pleased to offer to the market 1/13 Central Court, Hillcrest for sale via our Investment Auction Portfolio 169.

    This opportunity has the following key investment highlights:

    + Renewed three (3) year net lease to Lawrence & Hanson to August 2027 with options to 2030
    + Lawrence & Hanson: a subsidiary of Sonepar Group and Australia's leading Electrical Wholesaler with over 170+ stores in Australia
    + Sonepar Group: international electrical giant trading in 40 countries with 2,400 branches (170+ in Australia) and 45,000 associates
    + Landlord friendly net lease structure with tenant paying 100% of outgoings as per lease (including land tax on single unit holding)
    + Site has direct access to the Mount Lindesay Highway, connecting South-East Queensland to Brisbane and beyond, with exposure to 70,000+ vehicles daily*
    + Spacious 420sqm* NLA comprising large warehouse accommodation, mezzanine storage and multiple office spaces
    + Landlord favorable annual CPI reviews
    + 6 on-site car spaces for customers allowing for ease of access
    + Long term tenant in occupation since 2005
    + Conveniently positioned within 200m* from national retailers Boral, EG Ampol, 7-Eleven & Beacon Lighting
    + Located within 500m* from Grand Plaza, anchored by Woolworths, BIG W, Target, Coles, Kmart and 100+ specialty retailers
    + Logan City Council: second fastest growing LGA in South-East Queensland, with the population forecast to increase 47% by 2041 to over 500,000 residents and $1.2 billion committed in future capital works projects*
    + Net Income: $51,500 pa* + GST (as of 1 August 2024)

    For Sale by Investment Portfolio Auction
    10:30am AEST Thursday 27 June 2024
    The Hilton, Brisbane

    Bidder registration required, register at portfolioauctions.com.au

    Please contact the exclusively appointed Burgess Rawson team for more information.

    *Approx.

    AUCTION

    Auction date and time27/06/2024 10:30
    Auction locationThe Hilton, Brisbane
    Burgess Rawson Queensland
    Burgess Rawson Queensland
    Level 13, 241 Adelaide Street
    Brisbane City, QLD 4000

    Property Highlights

    Date Sold27 Jun 2024
    Floor Area420 m²
    Land Area1,750 m²
    ParkingAsk Agent
    Property ID2019276466
    Category
    Last updated  1 Jul 2024
    Map for 1/13 Central Court Hillcrest QLD 4118

    Nearest transport* to 1/13 Central Court Hillcrest QLD 4118

    Bus
    Train
    Tram
    Ferry
    Silvertop St near Anzac Ave327 m
    Silvertop St near Anzac Ave343 m
    Grand Plaza Shopping Centre (Sth Car Park)429 m
    Silvertop St near Hoop St592 m
    This data is © 2023 The State of Queensland, licenced under CC BY 4.0.
    *Within a 4km radius
    Did you find this helpful?
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    The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.
    Burgess Rawson Queensland
    Burgess Rawson Queensland
    Level 13, 241 Adelaide Street
    Brisbane City, QLD 4000

    Property Highlights

    Date Sold27 Jun 2024
    Floor Area420 m²
    Land Area1,750 m²
    ParkingAsk Agent
    Property ID2019276466
    Category
    Last updated  1 Jul 2024

    Co-Agents

    Craig Chapman
    Burgess Rawson Queensland
    Call
    0427 110 132
    Tom Lawrence
    Tom Lawrence
    Burgess Rawson Queensland
    Call
    0428 626 117

    More about 1/13 Central Court Hillcrest QLD 4118

    1/13 Central Court Hillcrest QLD 4118 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 420 m² and a land area of 1,750 m². The listing ID for this property is 2019276466.

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