Cushman & Wakefield and Savills are pleased to offer for sale two strategically located industrial investments within the Australia TradeCoast, Queenslands most tightly held and sought after industrial precinct.3 & 5- 7a Viola Place, Brisbane Airport provide an opportunity to acquire two high quality income producing assets with the following features;- Total land area 47,646m across 3 separate lease areas- Total GLA 18,157m across two high quality freestanding industrial facilities- Low 38% site cover providing expansion potential within one of Queenslands most tight held industrial markets- Net income of $1,324,270p.a (as at 1 November 2023)- Staggered lease expiry with a 7.5 year WALE, with ability to access expansion potential on one of the assets within 2.3 years- Secure leases to highly regarded covenants with strong annual review structures- Outstanding Australia TradeCoast location approximately 8km from the Brisbane CBD- Long term ground lease with options (49 years) providing security of land holdingFor further information please contact the exclusive Savills & Cushman & Wakefield agents below
The size of Brisbane Airport is approximately 31.6 square kilometres. It has 11 parks covering nearly 10.5% of total area. The population of Brisbane Airport in 2006 was 342 people. By 2011 the population was 349 showing a population growth of 2.0% in the area during that time. The predominant age group in Brisbane Airport is 40-49 years. Households in Brisbane Airport are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Brisbane Airport work in a labourer occupation. In 2006, 58.1% of the homes in Brisbane Airport were owner-occupied compared with 59.2% in 2011..
Brisbane Airport has 192 properties.
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