The subject property is located with main road exposure on the border of two major, northern industrial suburbs Geebung and Boondall. This northern precinct is a core industrial suburb, due to its fantastic access to the Gateway Motorway, Airport and only 13 radial kilometers from the CBD.

The subject property is a strategic asset for the savvy investor or developer, due to its strong holding income and development upside, with only 30% site cover.

This outstanding opportunity has the following key features:
- 20,400sqm* of Industrial zoned land
- 6,219sqm* of total building area (30% site cover)
- Located on the highly exposed corner of Newman Road and Zillmere Road (Over 60m of frontage)
- Two well established anchor tenants - Bylaser and Alliance
- Annual Net income of $449,278pa* with plenty of rental upside
- 3 year WALE*

The site offers several vacant hardstand section that could provide an immediate development opportunity to increase return.

For sale via Expressions of Interest closing 26 February 2014 at 4:30pm.

For further information on this quality industrial opportunity do not hesitate in contacting Wright Property.