7 Brisbane Road Riverview QLD 4303

Knight Frank has great pleasure in offering 7 Brisbane Rd, Riverview to the market, on behalf of ASX Listed ALS as a sale and leaseback opportunity.

Located at the junction of the 3 major Western Brisbane Highway networks, this site offers a strategic parcel of land with excellent warehouse and office improvements. Spaced over the 1.7 HA site are 3 separate buildings including a high quality 2 level office, and two separate warehouse/storage/light manufacturing facilities all of which occupy a total of 3300sqm of gross floor area.

The Ipswich CBD is only a 5 min drive from the site, and Brisbane CBD is only 30km away. Easy access can be gained to the 3 major highway networks that sit right out the front of the property. The Citiswich and Swanbank Industrial Estates are only 5 min drive away from the location.

Key features:
1.67 Hectare land area
3 separate buildings on site
Office area of 1300sqm over 2 levels of corporate quality
Two separate warehouses totalling 2000sqm in total
Superb strategic location
Future development potential
110 metres frontage to Brisbane Rd
ASX Listed Quality Tenant- ALS

Sale offering:

Sale structure: ALS are the vendor and the property is being sold on a leaseback basis.
Annual net income: $415 000 exc GST or $105 per sqm on GFA
Annual increase: 3.5%
Term: 10 year initial term plus two further options of 5 years
Outgoings: Triple net lease
EOI: For sale via expressions of interest closing Friday 8 November 4pm AEST

This is being offered as a portfolio available in one line or on a piecemeal basis.