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eCommerce Investment with 8.2* Year WALE & Future Upside - #1
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For Sale

Expressions of Interest closing 17th Jun 2021 Brisbane
Colliers are pleased to offer to the market 45-53 South Pine Road, Brendale, for sale via Expressions of Interest closing 4pm Thursday 17 June 2021.

The subject property comprises extensive improvements ideally suited to a high SKU distributions business. Built in two stages, the improvements offer a combination of high bay warehousing and traditional warehousing plus a retail showroom outlet that sits to the street frontage surrounded by ancillary carparking space. Key features include:

- NLA 18,848m2*
- Land area 26,910ha*
- 10 year lease to Modern Star Group
- 8.2* year WALE
- Annual net income of $1,759,797* (as at June 2021)
- Fully sprinklered
- Mixed Industry and Business Precinct zone offering significant future upside
- Dual street frontage with main road exposure
- Located on a main arterial road with surrounding development that includes car dealerships, retail showrooms and industrial users
- 200m* from Strathpine Railway Station

We strongly recommend you give due consideration to this outstanding investment opportunity with excellent future upside.

Inspections are by appointment only, please contact the exclusive marketing agents at Colliers for more information.


*Approx.