Multi Tenanted Industrial Investment
RWC Queensland is pleased to offer 7 Lathe Street, Virginia for sale via Private Treaty.
7 Lathe Street, Virginia is a multi tenanted freehold investment in the heart of Brisbane's Northside Industrial market. Comprising of three individual detached buildings with a total of 2,779 square meters of lettable space over eight tenancies. The complex is built on General Industry zoned land with a site area of 5,321 square meters.
The 'value add' proposition of the property is where the true investment lies. Capital improvements in recent times makes 7 Lathe Street both set and forget or value add opportunity through lease correction or further infrastructure enhancement.
Property features:
• $379,046 annual rent collection
• $109,135 annual outgoings collection
• $488,181.60 total income
• Varying lease terms through till April 2031
• WALE - 4.01 based on income
• Three Buildings totaling 2,779 square meters NLA
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