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STRATEGICALLY LOCATED, INFILL INDUSTRIAL SITE - #1
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For Sale

Expressions of Interest closing 17th Sep 2021 Colliers
Colliers is pleased to offer for sale 163 Ingram Road, Acacia Ridge, a functional multi-tenanted industrial investment, located within one of Brisbane’s most tightly held industrial & logistics precincts, with multiple value-add options and unlimited upside.

Underpinned by a diversified income stream, the offering benefits from multiple core plus investment characteristics along with providing the following captivating features;

•Functional building improvements totalling 18,613m² across seven buildings
•Strategic 41,700m² land holding benefitting from substantial exposure with a frontage of more than 220 metres to Ingram Road
•Regular shaped freehold site offering flexible redevelopment upside immediately and in the future
•Net passing income of $1,011,802 per annum (as of 1 August 2021) with the ability to add value to the asset immediately by increasing the income profile
•Fully leased net passing rental of $1,693,502 per annum which includes a vendor rental guarantee providing income security
•Diverse WALE of 1.39 years by income (as of 1 August 2021), providing an immediate opportunity to add-value through resetting the leases with the sitting tenants as well as attracting further tenants to the site
•Rare core plus investment offering with multiple value-add opportunities and upside through repositioning and redevelopment of the asset

163 Ingram Road, Acacia Ridge is being offered for sale via Expressions of Interest closing 12:00pm (AEST) Friday, 17th September 2021. For more information on this property please contact Gavin Bishop, Sean Thomson, Simon Beirne or David Brisk.