Purchased

Well-positioned industrial asset with dual leases

  • Net Return $334,000 p/a
  • 36% site coverage in Brisbane LGA
  • 2 tenancies

Building Type: Industrial
Building Area: 6,070m2

NLA: 2,290m2
WALE: 4.88

How we helped this client

This industrial asset was recently acquired on behalf of one of our valued clients. The property is well-positioned in Brisbane’s inner-north with dual tenant leases; complementary businesses for stone, tiling, construction and interior design. Our client was after an off-market industrial asset within the competitive Brisbane market. We looked over a number of assets before landing this large freehold dual-tenanted investment. We expect some rapid capital growth as the market tightens under increasing demand and limited supply.

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