 Asset Class: | Industrial |
 Price: | $ 9700000 |
 Net Yield: | 6.00 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | Off Market |
<span style="color:rgb(0, 0, 0);">Offered is a prime inner-northern Brisbane industrial investment, comprising several buildings across 4 separate titles.</span><br><span style="color:rgb(0, 0, 0);">Situated in the Stafford Business Park, the property is just 5.5 km* from Brisbane’s CBD and 6.5 km* from the airport offering easy connectivity to Gympie Road and the Airport Link Tunnel, ideal for freight and distribution. </span><br><span style="color:rgb(0, 0, 0);">The site spans 2,983m2* of land zoned as Low Impact Industry and has a GFA of 2,321m2*, plus 10 onsite parking bays.</span><br><span style="color:rgb(0, 0, 0);">The property is tenanted by Louenhide, Valhalla Tactical, E6 Flooring, Urban Garage and generates a net income of $584,000* pa, with tenants covering all outgoings, including land tax and MGMT. </span><br><span style="color:rgb(0, 0, 0);">There is one vacancy covered by a 12-month net rental guarantee of $179,750* pa, offering short-term security whilst sourcing a new tenant. </span><br><span style="color:rgb(0, 0, 0);">The site has dual street frontages on Wolverhampton and Harvton Streets, providing visibility and accessibility. </span><br><span style="color:rgb(0, 0, 0);">Currently configured to suit 5 individual tenants, the site offers a flexible layout capable of supporting up to 6 tenancies. </span><br><span style="color:rgb(0, 0, 0);">With a short WALE, this asset presents significant potential for income growth and leasing adaptability in the future.</span><br><span style="color:rgb(0, 0, 0);">Overall, this property offers strong growth potential with its solid tenant mix, recent refurbishments, and strategic location close to key transport links, benefiting tenants with convenient access and supporting sustained demand, ensuring long-term value and performance.</span>
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Stafford is rapidly gentrifying and provides an exceptional fringe alternative for near city occupiers. Located just 8 km north of Brisbane’s CBD, Stafford offers strategic benefits for businesses in the industrial and logistics sectors due to its excellent connectivity and infrastructure. The suburb’s proximity to major arterial roads, including Gympie Road and the Airport Link Tunnel, ensures fast access to Brisbane Airport, the Port of Brisbane, and interstate highways, making it ideal for freight and distribution. Overall, Stafford combines logistical advantages, strategic location, and community infrastructure, making it a prime choice for operational efficiency.
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<span style="color:rgb(0, 0, 0);">· Freestanding office/warehouse facility in desirable Brisbane fringe location</span><br><span style="color:rgb(0, 0, 0);">· Prime location with strong connectivity to Port of Brisbane and key arterials</span><br><span style="color:rgb(0, 0, 0);">· Multi-tenanted investment with dual street frontages</span><br><span style="color:rgb(0, 0, 0);">· Sale split across 4 individual titles and currently housing 5 separate tenants</span><br><span style="color:rgb(0, 0, 0);">· Flexible offering of retail, office, showroom and light industry warehousing</span><br><span style="color:rgb(0, 0, 0);">· Zoned: Low Impact Industry</span><br><span style="color:rgb(0, 0, 0);">· WALE of 2.79 years</span><br><span style="color:rgb(0, 0, 0);">· Land: 2,983m2*</span><br><span style="color:rgb(0, 0, 0);">· GFA: 2,341m2*</span><br><span style="color:rgb(0, 0, 0);">· 10 allocated parking bays</span><br><span style="color:rgb(0, 0, 0);">· Net Income: $584,230* pa</span><br><span style="color:rgb(0, 0, 0);">· Tenants pay all outgoings, including land tax and MGMT fees</span><br><span style="color:rgb(0, 0, 0);">· Infill location, only 15 minutes from Brisbane’s CBD</span><br><span style="color:rgb(0, 0, 0);">· Secure income stream with diverse tenant profiles</span><br><span style="color:rgb(0, 0, 0);">· Warehousing space: Generous internal clearance and multiple container height roller doors</span><br><span style="color:rgb(0, 0, 0);">· Strong connectivity to major arterials (Gympie Road and the Airport Link Tunnel)</span><br><span style="color:rgb(0, 0, 0);">· 3 major tenants have been here for years and just recently renewed their leases</span><br><span style="color:rgb(0, 0, 0);">· Refurbished site with significant CAPEX spent, yet still offering room for uplift</span><br><span style="color:rgb(0, 0, 0);">· Staggered lease expiry profiles with a short WALE providing income upside</span><br><span style="color:rgb(0, 0, 0);">· Flexible layout offering the ability to accommodate up to 6 individual tenancies</span>
