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509 Boundary Road
Darra QLD 4076
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Sold on 28 Jul 2021

509 Boundary Road Darra QLD 4076

  • Factory, Warehouse & Industrial
  • 16,724 m²
  • Sold

MULTI-TENANTED INFILL INDUSTIAL ESTATE

  • Diversified & secure income profile
  • Functional building improvements
  • Net passing income of $1,670,598 p.a.

Colliers, as exclusive selling agents, are pleased to offer for sale 509 Boundary Road, Darra, a high-quality, multi-tenanted industrial investment located within one of Brisbane's premium infill industrial & logistics precincts with multiple value-add options.

Underpinned by two high-quality tenants, the offering benefits from multiple core plus investment characteristics along with providing the following captivating features;

Functional building improvements totaling 16,724m² across two buildings
Strategic 38,720m² land holding, positioned on a corner site benefitting from maximum exposure and two street access
Significant net passing income of $1,670,598 per annum (as at 1 October 2021)
WALE of 3.99 years (as at 1 October 2021)
Diverse income profile to established covenants in Citisteel Pty Ltd and Australian Brushware Corporation Pty Ltd
Infill industrial and logistics location within five kilometres of five train stations approximately 15 kilometres from the Brisbane CBD
Rare core plus investment offering with multiple value-add opportunities

509 Boundary Road, Darra is being offered for sale via Expressions of Interest closing 4:00pm (AEST) Tuesday, 29th June 2021.

For more information on this property please contact Anthony White, Gavin Bishop or Sean Thomson.

Colliers International Sydney West
Colliers International Sydney West
Level 50, Tower 8, 10 Darcy Street
Parramatta, NSW 2150

Property Highlights

Date Sold28 Jul 2021
Floor Area16,724 m²
Land Area3.87 ha
ParkingOn site parking available
Property ID2017027273
Category
Last updated  30 Aug 2021
Map for 509 Boundary Road Darra QLD 4076

Nearest transport* to 509 Boundary Road Darra QLD 4076

Bus
Train
Tram
Ferry
Acanthus St near Boundary Rd, stop 69107 m
Acanthus Street Stop 69 near Boundary Rd124 m
Boundary Rd near Acanthus St137 m
Boundary Rd near Acanthus St161 m
This data is © 2023 The State of Queensland, licenced under CC BY 4.0.
*Within a 4km radius
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Colliers International Sydney West
Colliers International Sydney West
Level 50, Tower 8, 10 Darcy Street
Parramatta, NSW 2150

Property Highlights

Date Sold28 Jul 2021
Floor Area16,724 m²
Land Area3.87 ha
ParkingOn site parking available
Property ID2017027273
Category
Last updated  30 Aug 2021

Co-Agents

Gavin Bishop
Gavin Bishop
Colliers International Sydney West
Call
+61 401 146 051
Sean Thomson
Sean Thomson
Colliers International Sydney West
Call
0418 943 452

More about 509 Boundary Road Darra QLD 4076

509 Boundary Road Darra QLD 4076 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 16,724 m² and a land area of 3.87 ha. The listing ID for this property is 2017027273.

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