Prime Coorparoo Office/Warehouse Investment on a new lease to Sharp ABT

25 Turbo Drive, Coorparoo, Queensland 4151

Industrial / Office For Sale

Private Treaty
Land Area: 2,842.00 m2.    Floor Area: 2,350.00 m2.    

Car Spaces: 26   

Description

25 Turbo Drive Coorparoo is a prime commercial/ industrial investment property site, located in one of the few remaining industrial precincts near the Brisbane CBD. Benefitting from excellent linkages to the major transport routes and close proximity to the city, this high quality property offers a secure income stream and potential for underlying capital growth.

This sale and lease back proposal is underwritten by a lease to Sharp Abt, a blue chip tenant. 25 Turbo Drive Coorparoo presents the real estate investment community with an opportunity to acquire a property with secured income coupled with a stake in the long term future of Brisbane’s urban development.

This significant key features of 25 Turbo Drive Coorparoo are summarised as:

• Long term lease to well established business returning $528,750 ex GST net per annum
• Attractive annual reviews and solid security offered
• Whole of property lease with opportunity to fine tune
• Property is located in a key near CBD industrial/ commercial location
• Modern concrete tilt panel building in first rate condition
• Significant deprecation benefits available
• 2,842 m² of prime near CBD urban land
• Property benefits proximate linkages to major road connections via the Clem 7 Tunnel, Pacific Motorway, Gateway Expressway
• Convenient public transport options for staff with the Coorparoo train station and the Eastern Busway Langlands Park station.

25 Turbo Drive, Coorparoo is for sale by offers to purchase. To make an offer, or arrange an inspection, please contact the exclusive marketing agents at Colliers International.

Features

  • Fully leased income of $528,750 net
  • New 7 + 7 year lease
  • Prime near CBD location
  • 2,350m² office/warehouse great condition

Specifications

Zoning Low Impact Industry Zone (LII)
Car Parking Details 26 on grade car parks

Map

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