High Quality Investment Property

SOLD

50 Brookhouse Street

Stuart QLD 4811

Industrial

FOR SALE

1500m2

Investment Sale with Long Term Tenant & Potential Expansion Ability.

The site is located within 500m* off the Flinders Highway and the newly constructed Port Access Road which also gives direct access to the Bruce Highway.

The subject facility was purpose built in circa 2007 for the owner as their Townsville head office for their warehousing and construction operations. The property has provided a strong warehousing and steel operating platform for the past 6 years and is now home to Bridgestone Earthmover Tyres.

The facility has been designed with functionality in mind to suit a varied range of construction, warehousing and distribution businesses and as such provides a high quality office building, a functional warehouse with twin gantries, 6 bays with 4 opposing for drive through applications. The property provides full concrete hardstand for ease of truck manoeuvrability and container set down.

The property is accessed via two points off Brookhouse and Jensen Street and has area for future expansion in both office and warehouse sections.

- Fully leased to Bridgestone Earthmover Tyres, commenced December 2013

- 10 year initial lease term with 2 x 5 year options and 4% fixed reviews

- High quality construction, 1,500 sqm* warehouse including 185 sqm* mezzanine area located above 185 sqm* of office area

- Security fenced 10,000 sqm* site with multiple access points providing ample heavy vehicle maneuverability. 15%* site coverage, balance of site with reinforced concrete and gravel hardstand

For more information or to arrange an inspection please contact Paul Dury or Mark Fitzgerald from Knight Frank Townsville

*Approximately