Location:

75 , Pasturage Road, CABOOLTURE, QLD

Price:

$4,075,000

Enquire Now

Partially Tenanted Investment - Huge Upside

Type: FOR SALE

Property Features
  • Category : Industrial/Warehouse
  • Land Area:8101 Square Metres
  • Building Area: 4190
  • Tenancy: Tenanted

Property Description
- Well under rented at $62m2 average net
- Vacancies give potential for immediate upside
- Estimated current holding income of $208,740 per annum
- 9 tenancies across 4,190m2 of building on 8,101m2 freehold lot
- Suit owner occupier, offering holding income and future expansion

75 Pasturage Road is a well established industrial complex in Caboolture, offering its tenants functional, feature packed units at rates comfortably under the average market rate. The diverse tenancy sizes, hardstand provision and ability to combine or divide units provides a flexibility unmatched by surrounding complexes.

Potential for the property to return in excess of $375,000 once fully leased at average local area market rentals

Other features include:
- Staggered lease expiry provides continuity of income
- Diverse tenancy mix from 235m2 - 940m2
- Large freehold lot with generous on site car parking
- Individual amenities and ample 3 phase electricity to each unit
- Favorable occupancy history
Property Agent

Advert Id:9752

Name:Chris Massie

Phone: 1300 2****

Ray White Commercial North Coast Central logo
Enquiry Form
Ask About this Property

Security Code : 7 + 5

Code is answer of the small calculation:

Verification Code *

Please fill the form below to Register.

Once you register as a Buyer you will be able to access all the phone details and many more features