1 Trade Street Cleveland QLD 4163

Raine & Horne Commercial Bayside are pleased to present to the market this outstanding multi-tenanted freehold property which comprises a well presented freestanding building and 13 storage sheds on a 1,530sqm site. The property is being offered to the market for Sale by Expression of Interest closing 5pm on Friday, 21 February 2025 (if not sold prior).

1 Trade Street has mixed use zoning and is located in an extremely tightly held and popular industrial enclave which is only a short distance from Cleveland's popular commercial/retail precinct. The freestanding building is fully tenanted and the majority of storage sheds are currently rented by long term tenants on a monthly basis.

This is an excellent opportunity to purchase a quality tenanted investment in one of Redland City's premier suburbs.

Property features include:
* Flood free, fully fenced and secure site with 17 carparks
* 467sqm freestanding building comprising four units
* Units 1, 2 & 3 (302sqm) leased to an approved food manufacturing facility (10 year + 5 year lease commenced 10 November 2023)
* Unit 4 (165sqm) leased to a specialised mechanical workshop (3 year lease commenced 1 August 2024)
* 13 storage sheds
* Current annual gross rental income $163,833
* Information Memorandum available upon request

For further information and to arrange an inspection (by appointment only) please contact Exclusive Agent, Colin Tucker.

The two adjoining suburbs of Ormiston and Cleveland are located approximately 30 kilometres from Brisbane on the western shores of Moreton Bay.
Note: This property is being marketed under Cleveland for advertising purposes only. All prospective buyers must note that the property is located in Ormiston QLD 4160.