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  • Sold
MULTI-TENANTED INFILL INDUSTIAL ESTATE - #1
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For Sale

Expressions of Interest closing 29th Jun 2021 Colliers
Colliers, as exclusive selling agents, are pleased to offer for sale 509 Boundary Road, Darra, a high-quality, multi-tenanted industrial investment located within one of Brisbane’s premium infill industrial & logistics precincts with multiple value-add options.

Underpinned by two high-quality tenants, the offering benefits from multiple core plus investment characteristics along with providing the following captivating features;

• Functional building improvements totaling 16,724m² across two buildings
• Strategic 38,720m² land holding, positioned on a corner site benefitting from maximum exposure and two street access
• Significant net passing income of $1,670,598 per annum (as at 1 October 2021)
• WALE of 3.99 years (as at 1 October 2021)
• Diverse income profile to established covenants in Citisteel Pty Ltd and Australian Brushware Corporation Pty Ltd
• Infill industrial and logistics location within five kilometres of five train stations approximately 15 kilometres from the Brisbane CBD
• Rare core plus investment offering with multiple value-add opportunities

509 Boundary Road, Darra is being offered for sale via Expressions of Interest closing 4:00pm (AEST) Tuesday, 29th June 2021.

For more information on this property please contact Anthony White, Gavin Bishop or Sean Thomson.
  • 30/08/2021
  • Contact our experts for details on this transaction