LANDBANK INVESTMENT WITH UPSIDE | LEASE EXPIRY 2024

335 Thynne Road, Morningside, Queensland 4170

Industrial For Sale

For Sale
Land Area: 6,216.00 m2.    

Description

Colliers International as Exclusive agents are pleased to present 335 Thynne Road Morningside to the market for sale. This extremely rare opportunity features a fully leased, regular shaped corner allotment currently used as a commercial car park with over 150 meters of street frontage in one of Brisbane's key growth areas.

Morningside is located within the Australia TradeCoast precinct providing outstanding access to the Port of Brisbane, Brisbane Airport and Gateway Arterial Motorway while being less than 4 radial kilometres from the Brisbane CBD.

Salient features of the investment as follows:

- 6,216sqm regular shaped, General Industry B zoned site
- Tenant: Primo Moraitis Fresh Pty Ltd
- Lease expiry 6 August 2024 (no option to extend)
- Net annual rental of $312,864 per annum GST
- Fixed 4% increases annually
- Huge development upside in one of Brisbane's most highly sought after and rapidly transforming precincts

FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING 22 FEBRUARY AT 4PM.

For more information, or to obtain a detailed information memorandum, contact Colliers International today.

Features

  • 6,216sqm land area
  • Net rental of $312,864 per annum
  • Lease Expiry 6 August 2024

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