• For Sale
  • Industrial
As New - Defensive, Cold Store Logistics Facility
As New - Defensive, Cold Store Logistics Facility
As New - Defensive, Cold Store Logistics Facility
As New - Defensive, Cold Store Logistics Facility

For Sale

Expressions of Interest 4th Sep 2020 Brisbane
Colliers International & JLL as exclusive marketing agents, have the pleasure in offering for sale 1 Lahrs Road, Ormeau, Queensland, a modern cold storage facility with outstanding access to the M1 Motorway. Underpinned by a secure lease to Seabest International (trading as Markwell Cold Storage) and guaranteed by Competitive Foods Australia, the opportunity provides the
following compelling features:
• As new cold storage facility totalling 9,590m²* (Built 2015)
• Strategic 20,930m2 land holding, centrally located halfway between Brisbane and the Gold Coast offering direct access to the M1 Motorway
• Internal clearance of 12.2m* with ESFR sprinklers throughout
• Secure WALE of 6.56* years as at 1 September 2020 with options
• Current net annual income of $2,355,645*
• A defensive, food related tenant in a growth sector

This exceptional investment opportunity is being offered for sale via International Expressions of Interest closing 4:00pm AEST, Wednesday 2nd of September 2020.

Property Details