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.