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FOOD LOGISTICS INVESTMENT WITH 7* YEAR WALE IN TIGHLTY HELD LOCATION - #1
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For Sale

Expressions of Interest closing 21st Sep 2021 Burleigh Heads
Colliers are pleased to offer to the market 4-6 Taree Street, Burleigh Heads, for sale via Expressions of Interest closing 4pm Tuesday 21 September 2021.

The property is a state of the art Food Processing & Cold Store facility located in the tightly held industrial location of Burleigh Heads, near the Northern NSW regional markets and favoured by large surrounding demographic and labour base fundamentals.

The improvements comprise a substantial food production, cold storage, and distribution facility including some of the latest in food manufacturing and infrastructure technologies with recent extensions and refurbishment.

Leased to Bindaree Food Group, one of the highest regarded complete supply chain meat processors in Australia, with their value-add operation to supply retail ready products to customers like Aldi Supermarkets nationally, Coles (QLD & NSW), local and overseas markets.

Features include:

- Internal floor area 7,458m²*
- Basement 1,100m²*
- Land area 8,989m²*
- 10-year lease to Bindaree Food Group
- 7* year WALE
- Annual net income of $1,212,825* (September 2021)
- Three street road frontage offering excellent accessibility
- Located near the recently upgraded M1 offering easy access north and south

We strongly recommend you give due consideration to this outstanding investment opportunity in this rapidly growing Food Processing/Cold Store sector which is significantly under supplied.

Inspections are by appointment only**, please contact the exclusive Colliers marketing agents Simon Beirne, Pat Cavanagh or Sam Riley for more information.

*Approx.
**No first round EOI inspections will be undertaken due to COVID-19 restrictions.