Sold
Showrooms/Bulky Goods

26 Magnesium Drive Crestmead, QLD 4132

Sold for $885,000 on 25 Aug 2021
  • Building: 450m²
  • Land: 1,400m²
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Showrooms/Bulky Goods in Crestmead

FREESTANDING TENANTED INVESTMENT - 5 YEAR LEASE

  • Building: 450m²
  • Land: 1,400m²
  • Business has been operating for over 20 years
  • Long term tenant with significant investment in fit-out
  • First time to the market in 20 years
  • Currently returning $67,473 Net PA + Outgoings + GST with 3% annual increase
  • Well presented property with low site coverage
  • 450 m2* building with an extensive fit-out in place
  • 1,400 m2*Land area
  • Secure 1,400 m2* site with surrounding fencing
  • Located within the tightly held logistic hub of Crestmead
  • Council rates approximately $14,691.32 PA

(approximately*)

Building:

450m²

Land:

1,400m² / 0.35 acres

Tenancy:

Vacant

Categories:

Showrooms/Bulky Goods, Retail, Industrial/Warehouse

26 Magnesium Drive, Crestmead, QLD 4132