Rockhampton 10.28ha Supersite | Investment + Immediate Development Play

5 Corio Street, Kawana, Queensland 4701

Industrial For Sale

Expressions of Interest. EOI Date 27 Sep 2018
Land Area: 10.28 Hectares.    Floor Area: 2,500.00 m2.    

Description

Colliers International Brisbane and PRD Nationwide Rockhampton are pleased to present this 10.28ha supersite that offers both long term investment income with immediate development upside.

Long term tenant Mining Equipment Maintenance has recently signed on for another 5 year lease term with a strong guarantee structure across 6.9ha of the site with substantial building improvements. The site predominantly houses a yard / hardstand storage operation and has substantial imbedded infrastructure. The lease returns $380,000 per annum net plus GST.

The balance 3.38ha has undergone extensive earthworks including levelling and construction of retaining walls. This part of the site is of a regular shape and it has a frontage of approximately 190 metres with the three other boundaries ranging from 150 to 180 metres. It is fully fenced and subject to obtaining any approvals that may be required for an intended use, it is ready for immediate occupation.

The property is offered for sale via Expressions of Interest closing Thursday 27 September at 4pm.

For further information please contact the Exclusive Agents at Colliers International & PRD Nationwide.

Features

  • 5+5 year lease to long term tenant
  • Returning $380k* net pa
  • 3.38ha* vacant & ready for development

Specifications

Zoning Low Impact Industry

Map

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