HIGHLY EXPOSED INVESTMENT – PRIME CORNER LOCATION

62 South Pine Road, Brendale, Queensland 4500

Industrial For Sale

Expressions of Interest. EOI Date 6 Jun 2019
Land Area: 9,969.00 m2.    Floor Area: 2,800.00 m2.    

Description

Colliers International are pleased to present this rare investment opportunity in the heart of the expanding Brendale industrial and commercial precinct.

The property will be sold via sale and leaseback to Associated Finance Pty Limited, a wholly owned subsidiary of A.P Eagers Limited returning $420,000* net per annum plus GST. Key details are as follows;

- Substantially improved and refurbished for the sale and display of vehicles including offices, showrooms, workshops and holding yards.
- Occupies a prime corner location with substantial frontage to South Pine Road and multiple crossovers.
- Strong multi-brand offering with new A.P Eagers business offerings including Carzoos(www.carzoos.com.au)
- Substantial staff and customer amenities are in place in line with a facility of this calibre.

This is a rare infill investment opportunity in a tightly held precinct with substantial main road frontage and proximity to public transport. Our research indicates that sites within 20 radial kilometres from the Brisbane CBD will become increasingly rare over the next 10 years, further underlining the investment fundamentals of this offering.

The property is being offered For sale via Expressions of Interest closing Thursday 6 June at 4pm.

For a comprehensive information package please do not hesitate to contact Colliers International.

*Approx.

Features

  • Fully leased to Associated Finance P/L
  • Returning $420,000* net pa + GST
  • 9,969sqm total land area

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