93 & 99 Kelliher Road,
Richlands, QLD 4077

Warehouse, Factory & Industrial

Price information

Sale - Expression of Interest

Please contact agent

Key property information

Land area

Floor area

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ASX Listed Industrial Investment

Adjoining properties on separate titles
New 5 year lease in place
Strong review structure and security

Colliers are pleased to present to market for sale 93 & 99 Kelliher Road, Richlands QLD. This secure Western Corridor industrial investment is underpinned by strong fundamentals including two adjoining modern full height precast warehouse facilities, both with brand new 5-year leases to ASX listed DGL Group.

The property is perfectly situated at the juncture of two major motorways, the Ipswich and Centenary Motorways.

Key investment highlights include:

- 5,283m² total building areas
- 10,591m² total land area over two titles
- Significant passing net income of $739,620 p.a. net
- Annual increases to the greater of 3% or CPI
- Brand new 5-year leases from February 2024
- Strong tenant security, market reviews and make good clauses

93 & 99 Kelliher Road, Richlands QLD is offered for sale via Expressions of Interest campaign closing Thursday 29th February 2024.

For more information contact the Exclusive Agents, Colliers today.

Property ID: 504507272Last Updated: 2 Feb 2024

93 & 99 Kelliher Road

Richlands, QLD 4077

Colliers - Brisbane

Level 30, 111 Eagle Street
BRISBANE CITY, QLD 4000

Levi Maxwell
04232954...

Colliers - Melbourne

Level 30, 367 Collins Street
MELBOURNE, VIC 3000

Daniel Telling
0427 746 47...

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