2/86B Kingston Road, Underwood QLD

For Sale

Industrial

$1,800,000.00

1493m2

Ray White Commercial Northern Corridor Group is pleased to offer to the market for sale to investors and owner occupiers with 90 days notice. The property is currently leased with current net income of approx. $ 138,840 + GST per annum with the asking price representing an attractive 7.7% yield.

The subject property is a highly functional warehouse with fitted out professional office with easy access to the M1 and Gateway Arterial.

Property features include:
• 1,439 m2 of building area;
• 1,439 m2 land area;
• Large clear span warehouse;
• Ground floor office area and additional mezzanine office, break-room and amenities;
• 2 x wide container height roller doors;
• 3 Phase Power;
• Ample staff & customer parking
• Easy access to Pacific Highway & M1 Corridor;
• Tenant currently paying $ 138,840 net + GST per annum
• Ideal for owner occupies requiring short term income

For more information or to arrange and inspection, please contact agent Peter Laurent.