6 Trade StreetLytton QLD 4178
Property Details for 6 Trade St, Lytton
Last Listing description (January 2023)
JLL is pleased to present 6 Trade Street, Lytton to the market for sale via Expressions of Interest. Located in the Lytton industrial estate, this freestanding investment presents a rare opportunity to secure an income-generating asset within one of Brisbane's most tightly held industrial markets. Situated in the Southern TradeCoast, the subject property provides a flood free site with connectivity and ease of access to the Port of Brisbane and Gateway Motorways.
Features:
- Tightly held 1,187sqm* freestanding tilt-panel office/warehouse
- 2,131sqm* General Industry C zoned land parcel
- Fully leased to Eastgate Engineering returning $172,115 p.a. net
- 5-year WALE with further options
- 6-month bank guarantee with fixed 3% increases providing income growth
- Under market rent with potential for future income upside / rental reversion
- Market review at the end of 3rd year to capture rental growth
- Substantial 3-phase power supply
- Extensive solar power system for reduced cost of outgoings
- Ability to be split into two (2) tenancies, further future proofing the asset
For sale via Expressions of Interest closing 4th July 2022 at 4pm AEST.
For more information or to arrange an inspection please contact the exclusive agent from JLL.
*Approx.
Property History for 6 Trade St, Lytton, QLD 4178
- 21 Jul 2022Sold for $3,440,000
- 20 Jun 2022Listed for Rent - Price not available
- 06 Jun 2022Listed for Sale Please Contact JLL
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About Lytton 4178
The size of Lytton is approximately 6.9 square kilometres. It has 3 parks covering nearly 2.1% of total area. The population of Lytton in 2011 was 6 people. By 2016 the population was 3 showing a population decline of 50.0% in the area during that time. The predominant age group in Lytton is 20-29 years. In general, people in Lytton work in a professional occupation..
Lytton has 170 properties. As at 31 October 2024:
- The median value for Houses in Lytton is $1,067,514 while the median value for Units is $466,076.
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