 Asset Class: | Industrial |
 Price: | $ 9700000 |
 Net Yield: | 6.82 % |
Net Yield - including solar strategy: | % |
 Property Market Status: |
This exceptional investment opportunity presents a unique chance to acquire a premium industrial building in Townsville's highly sought-after industrial precinct, the preferred location in North Queensland for industrial development of regional, state, and national significance. The asset is ideally situated less than 10 minutes from Townsville Airport and approximately 15 minutes from the Townsville CBD. <br> <br>Zoned for medium impact industry, the property encompasses a total site area of 9,088 square meters and a total gross floor area of 4,422 square meters. The state-of-the-art building offers high-level amenities, including an emergency backup power generator (275 kVA), a significant 100 kW solar system to reduce power consumption, cold rooms, and temperature-controlled warehousing designed for the storage of pharmaceutical products. The premium-grade improvements feature dual cross-over configurations with full drive-around truck access and internal clearance of up to 9 meters, providing substantial cubic capacity. <br> <br>The asset is underpinned by two exceptionally strong covenants: DHL Supply Chain and Logistics North Queensland, both supported by the robust 3PL and e-commerce sectors. Both tenants are on net leases, responsible for 100% of outgoings, including land tax and management fees (capped at 1.25%). In addition, Logistics Nth QLD have indicated that they will take up their 3-year option early from 1 July 27, ensuring security until 2030. <br> <br>Investing in this once-in-a-lifetime opportunity will allow you to generate a net income of $661,300 per annum with CPI annual increases, ensuring strong cash flow performance.
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<span style="color:rgb(0, 0, 0);">Queensland’s largest regional city and fourth largest overall, Townsville is a growing hub in North Queensland with an estimated population of 200,000 as of April 2022.</span><br><span style="color:rgb(0, 0, 0);">The city offers a vibrant lifestyle and is projected to reach a population of over 314,000 by 2036. In addition to its steady growth, Townsville benefits from a significant annual influx of tourists, contributing over $520 million in value-added benefits during the 2019/20 financial year.</span><br><span style="color:rgb(0, 0, 0);">Townsville boasts a diverse and well-developed economy, with an annual regional output of $34.3 billion—accounting for 4.6% of Queensland’s total output. This strong economic performance is driven by key industries such as defence, health care, and construction, with additional support from education, manufacturing, and finance, further strengthening the region’s economic diversity.</span><br><span style="color:rgb(0, 0, 0);">The city's future growth is reinforced by the ongoing Townsville City Deal—a 15-year partnership between federal, state, and local governments, first signed in December 2016. This initiative is designed to support Townsville’s economic prosperity while positioning it as a vibrant, liveable, and innovative place to live.</span>
Additional Location Information File<p style=" padding-left:0px;"><span style="color:rgb(0, 0, 0);padding-left:0px;"><u>DHL Supply Chain (Australia) Pty Ltd</u></span><span style="color:rgb(0, 0, 0);padding-left:0px;">: </span><a style="color:rgb(5, 99, 193);padding-left:0px;display:inline;" target="_blank" href="https://www.dhl.com/sg-en/home/supply-chain.html"><u>https://www.dhl.com/sg-en/home/supply-chain.html</u></a><span style="color:rgb(0, 0, 0);padding-left:0px;"> </span></p><p style=" padding-left:0px;"><span style="color:rgb(0, 0, 0);padding-left:0px;"> </span></p><p style=" padding-left:0px;"><span style="color:rgb(0, 0, 0);padding-left:0px;">DHL Supply Chain, part of the DHL Group, is the world’s leading logistics provider. Combining management and value-added services with our customized, integrated logistics solutions drives resilience, efficiency, improves quality and creates competitive advantage. </span></p><p style=" padding-left:0px;"><span style="color:rgb(0, 0, 0);padding-left:0px;"> </span></p><p style=" padding-left:0px;"><span style="color:rgb(0, 0, 0);padding-left:0px;"><u>Logistics North Queensland Pty Ltd</u></span><span style="color:rgb(0, 0, 0);padding-left:0px;">: </span><a style="color:rgb(5, 99, 193);padding-left:0px;display:inline;" target="_blank" href="https://www.logisticsnq.com.au/"><u>https://www.logisticsnq.com.au</u></a><span style="color:rgb(0, 0, 0);padding-left:0px;"> </span></p><p style=" padding-left:0px;"><span style="color:rgb(0, 0, 0);padding-left:0px;"> </span></p><p style=" padding-left:0px;"><span style="color:rgb(0, 0, 0);padding-left:0px;">Logistics North Queensland operates a multi-level logistics business from Townsville and Cairns. They manage distribution, warehousing and other diversified interests. They service from Cairns, Townsville, Mackay to Rockhampton. Their business currently engages over 30 employees, 10 contractors and a number of service partners in regional areas. </span></p>
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Security Info:
21-31 Markwell Place Mount St John - 4,422 sqm - $154/sqm 3/161-171 Webb Drive Mount St John – 2,622 sqm - $155/sqm 2/161-171 Webb Drive Mount St John – 2,682 sqm - $159/sqm *Additional Rental Comparison to be provided during DD
Offer To Purchase:
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Initial Deposit:
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Due Diligence:
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<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Industrial Asset </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Total site area 9,088 square meters </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Total gross floor area of 4,422 square meters </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Tenants: </span></p></li><ul style="list-style-type:circle;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">DHL Supply Chain </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Logistics North Queensland </span></p></li></ul><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Net Income $661,300 per annum </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Outgoings 100% recoverable including land tax & management (capped at 1.25%) </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Annual rental increases CPI </span></p></li></ul>
