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CG Property Group

16 Machinery Street Darra, QLD 4076

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16 Machinery Street,
Darra, QLD 4076

Warehouse, Factory & Industrial

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CG Property Group
Mark Gilbride
Ben Hyne

CG Property Group

3 Latrobe Terrace
PADDINGTON, QLD 4064
CG Property Group
16 Machinery Street
Darra, QLD 4076

Map of 16 Machinery Street

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FREEHOLD INDUSTRIAL INVESTMENT

  • Freehold Industrial Investment
  • Net annual income $198,045 + GST
  • Leased until 2028
CG Property Group are pleased to present 16 Machinery Street, Darra, to the market for sale via Expressions of Interest.

A rare opportunity to secure a freestanding tenanted investment within one of Brisbane's most tightly held Industrial precincts. Machinery Street is located within the Golden Triangle surrounded by the Centenary Highway, Ipswich Motorway and Logan Motorway offering unrivalled connectivity.

Investment features include:
• 240sqm* Modern office & amenities across two levels
• 1,227sqm* High bay warehouse with epoxy flooring
• 2,458sqm* Regular shaped flood-free landholding
• Mix of dado and besser block construction, with modern glass façade
• Leased to a strong tenant covenant
• New 5 + 5 year lease commenced 2023
• Annual income of $198,045 + GST + Outgoings
• Favourable review structures (Greater of CPI or 3.5%)

16 Machinery Street, Darra is being offered for sale via Expressions of Interest closing Wednesday, 20th March 2024 at 4:00pm AEST (if not sold prior).

For further information, please contact the Exclusive Agents Ben Hyne and Mark Gilbride from CG Property Group.

*Approximate

Property ID: 504529808Last Updated: 1 May 2024

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