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FREESTANDING INVESTMENT OPPORTUNITY RETURNING 7.49%

26 Magnesium Drive, CRESTMEAD QLD, 4132

For Sale

Property for Sale in 26 Magnesium Drive, CRESTMEAD QLD, 4132

Listing ID:
11367653
Status:
Active
For:
Sale
Price:
$900,000 (Going Concern)
Last Updated:
05/12/2019
Icon building

Property Type

Showrooms/Bulky Goods/Retail/Industrial/Warehouse
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Land Area

1400 SQM
Icon size

Floor Area

450 SQM
Icon parking

Parking

N/A

FREESTANDING INVESTMENT OPPORTUNITY RETURNING 7.49%

• First time to the market in 20 years
• Currently returning $67,473 Net PA + Outgoings + GST with 3% annual increase
• Well presented property with low site coverage
• 450 sqm* building with an extensive fit-out in place
• Secure 1,400 sqm* site with surrounding fencing
• Long term tenant with significant investment in current fit-out
• Located within the tightly held logistic hub of Crestmead
• Council rates approximately $14,691.32 PA

(approximately*)

For more details, please email agent

Ray White Commercial Springwood

Unit 1, 3366 Pacific Highway, Springwood, QLD 4127


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