Owners Liquidate Fully Leased 4 Unit Warehouse Investment Property

SOLD

48 Centenary Place

Logan Village QLD 4207

Industrial

FOR SALE

832m2

* Multi-tenanted freehold property of four warehouse/workshop units
* All units are now leased to four different tenants
* Achieving now a gross rent of $108,000 including GST & Outgoings pa
* That's a net rent of $91,090* + GST + Outgoings pa now fully leased
* 4 warehouse/workshop units on one title (no body corp). Low outgoings pa
* 832m2* gross lettable area on 1,536m2* of industrial land
* Galvanised steel frame construction with colourbond metal walls and triple skin fire check plasterboard walls on boundary walls and on an internal dividing wall
* Ground floor air-conditioned offices in each unit and an extra 20m2* of mezzanine office area in unit 2 and 20m2* of mezzanine storage area in unit 3
* Unit 1 has a fully operational and approved downdraft & heated spray booth
* 200amp CT metering board for plenty of 3 phase power and there are 3 phase and single phase power points in all 4 units
* Shared male & female toilet amenities and a sheltered smoko area for tenants
* There is also a forklift that is shared between tenants to use when required
* CCTV cameras onsite record back to a hard drive 24/7 for security backup
* Unit 2 has a 5kw solar electricity system with 20 panels on the roof for power feedback into the grid
* Fully fenced site with wide front gates for easy truck access
* Two x 20,000* litre rainwater tanks provide plenty of water to use
* Property is connected to the Logan City Council sewer system
* Motivated sellers will consider all written offers

*approx
Please contact the listing agent for more details by clicking on the link above.

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.