Forced Sale - High Yielding Full Tenanted Investment

SOLD

6-8 Radium Street

Crestmead QLD 4132

Industrial

FOR SALE

4375m2

* Current net return $468,349.76 p.a*
* Outgoings incl. of Land Tax and P/Management paid by tenants
* Bank Guarnantees in place
* Average rental rates below market
* 3 tenancy's with staggered leases
* Brand new 5 and 4 year lease in place
* Full tilt panel construction with 9m+ internal height - 4,375sqm*
* Corner location with 2 street access
* Partnership split forces sale
* Full information memorandum is available now
** Approimately

The industrial real estate at Crestmead Industrial Estate is perfectly located for access to a skilled employment base, retail and finance facilities and Brisbane City. Industrial property in this estate provides access to interstate and overseas markets via the Gateway Arterial road and the Port of Brisbane.

The estate borders Crestmead, Browns Plains and Marsden - the fastest growing residential sector in the Logan region. It is a mixed industrial estate in a fully serviced industrial area designed to service the manufacturing industry.

Immediate distribution links via two major highways enabling excellent access to freight distribution at Acacia Ridge, direct motorway access to Gold Coast, and access to rural Beaudesert.

Other benefits include extra wide 25m roads creating easy access & 24 hour usage subject to relevant environmental approvals.

Contact Exclusive Marketing Agents Guy Stafford & Nick Comino

To view property video click here: http://www.sbm21.com/c.cfm?l=209181&c=15281099&m=77076&b=756968

Please quote property ID 2827294 when contacting us