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Burgess Rawson Townsville - TOWNSVILLE CITY

4 Barron Park Drive Kingaroy, QLD 4610

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4 Barron Park Drive,
Kingaroy, QLD 4610

Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Offices

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Burgess Rawson Townsville - TOWNSVILLE CITY
Michael Hooper

Burgess Rawson Townsville - TOWNSVILLE CITY

Ground Floor, 61-73 Sturt Street
TOWNSVILLE CITY, QLD 4810
Burgess Rawson Townsville - TOWNSVILLE CITY
4 Barron Park Drive
Kingaroy, QLD 4610

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Expansive Industrial Landholding Leased to Leading Auto Parts Provider

  • 7 year lease to 2028
  • 3 x 5 year options to 2043
  • 100% of outgoings recoverable
Burgess Rawson is pleased to offer to market Tranzmile located at 4 Barron Park Drive, Kingaroy QLD for sale via our Investment Auction Portfolio 160.

The property has the following investment highlights:

+ Seven (7) year net lease to Tranzmile Pty Ltd to 2028
+ Three (3) further five (5) year options to 2043
+ Landlord friendly net lease structure with tenant paying all outgoings
+ Favourable annual CPI rental reviews (last review 6.1%)
+ Tranzmile Pty Ltd: leading independent supplier of truck and trailer parts with exclusive distribution to Australia and PNG of Q8 Oils automotive range, and 6 branches and 7 authorized resellers across QLD and NSW
+ Expansive 3,748sqm* freehold site with 830sqm* NLA showroom/warehouse accommodation offering depreciation benefits
+ Versatile modern construction showroom/warehouse with favourable Medium Impact zoning that caters to a variety of industry activities, offering long-term flexibility for future tenants
+ Unique large landholding with 1,200sqm* of vacant land located at the rear of the property, offering ample hardstand for heavy vehicles and substantial future redevelopment opportunities
+ Strategically located adjacent to the Bunya Highway, a key roadway connecting the South Burnett Region with exposure to over 8,500 passing vehicles daily*
+ Conveniently positioned 250m* from national retailers including Toyota, Kia, Haymans, Norco, Tyreright and United Petroleum
+ South Burnett Region: a key industrial growth corridor of Queensland with a diversified economy boasting a GRP of $1.94 billion*
+ Net Income: $117,389 pa** + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 11 May 2023
The Hilton, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.
**Assuming June CPI increase at 7%

Property ID: 504294964Last Updated: 1 Mar 2024

Burgess Rawson Townsville - TOWNSVILLE CITY
Ground Floor, 61-73 Sturt Street
TOWNSVILLE CITY, QLD 4810
Burgess Rawson - Brisbane
Level 12, 127 Creek Street
BRISBANE CITY, QLD 4000
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