 Asset Class: | Industrial |
 Price: | $ 1875000 |
 Net Yield: | 6.00 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | On Market |
This exceptional commercial property presents an oppurtunity to acquire a premium office / industrial investment near the Brisbane’s CBD.<br><br>3/58 Metroplex Avenue Murarrie QLD 4172 is situated in the heart of the well-renowned Australian TradeCoast suburb of Murarrie. Nationally recognised as one of the most premier industrial / office precincts and centrally located being (8.2km) away from the Brisbane CBD.<br><br>The property enjoys excellent connectivity to major transportation routes, including the Gateway Motorway and the Port of Brisbane Motorway. This allows for seamless travel and efficient logistics, making it convenient for businesses involved in trade and transportation.<br><br>Don't miss the chance to capitalise on this fantastic opportunity to purchase a tenanted investment in a fully developed area with minimal option ever available.
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<span style="color:rgb(68, 114, 196);"><b>Brisbane 2032</b></span><br><br><br>The Brisbane 2032 Olympics have the potential to catapult the city into a new era, much like the transformative impact that the 2000 Sydney Olympics had on its<br>host city. By investing in infrastructure, promoting tourism, fostering economic growth, enriching its culture, and improving the overall quality of life, Brisbane has a unique opportunity to become “Sydney 2.0” – a vibrant, global city with a bright future ahead. The economic boost of hosting the Olympics can stimulate the local economy by attracting visitors, sponsors, and investors. This boost in economic activity can create a foundation for sustained growth in various sectors, including tourism, sports, and technology. <br><br>If Brisbane successfully leverages the economic opportunities provided by the 2032 Olympics, it could experience post-Olympic economic growth similar to what Sydney experienced in 2000. <br><br>We are already experiencing the benefits with developers around the country flocking to the “Gabba Olympic Precinct” purchasing amalgamated sites to<br>develop large-scale projects comprising thousands of mix-use apartments in the immediate precinct. This is evident by outlining just a few Development Approved projects, the Hampton Yards development (787 apartments), 37 & 27 level towers- Nuage development (582 apartments), and the 3,419sqm site at Trafalgar Street & Logan Road purchased for $20.5m (October 2023) to Taiwanese developer- Shayher. <br><br><b> $8.1 billion in total benefits for Queensland and $17.61 billion total benefits for Australia broken down by: </b><br><p style=""> </p><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;">Social benefits of up to $3.5 billion for Queensland and $9.11 billion nationally through factors such as health benefits and volunteering benefits. </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;">Economic benefits of up to $4.6 billion for Queensland and $8. 5 billion for Australia. </span></p></li><li style="list-style-image:none;color:windowtext;"><p style="display:inline;"><span style="color:windowtext;font-weight:normal;font-style:normal;">The creation of 91,600 Queensland full-time equivalent (FTE) jobs and 122,900 FTE nationally an uplift in international tourism and trade worth an estimated $4.6 billion for Queensland and $8.5 billion nationally</span></p></li></ul>
Additional Location Information FileHawthorne Civil <br><br><a style="color:rgb(44, 123, 208);padding-left:0px;display:inline;font-weight:normal;font-style:inherit;" target="_blank" href="https://aus01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.hawthornecivil.com%2F&data=05%7C02%7CAJ%40rethinkinvesting.com.au%7C026c641b2097496f92ac08dd134aaf75%7Cb654f9c94be24134804f7a0257ce8206%7C0%7C0%7C638687933711595001%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=tjjMd5iTg5HAeTCxsUnaVHCfFLYEApbY%2F7GOUz665WU%3D&reserved=0"><u>https://www.hawthornecivil.com/</u></a><br><span style="color:rgb(0, 0, 255);padding-left:0px;"><b> </b></span><br><p style="background-color:rgb(240, 242, 244);"><span style="color:rgb(99, 99, 99);">Hawthorne Civil was founded in 2013 by Managing Director Enda O'Brien. Enda brings over 20 years' experience to the company having worked on major civil and infrastructure projects throughout Australia.</span></p><p style="background-color:rgb(240, 242, 244);"><span style="color:rgb(99, 99, 99);">We have extensive experience with bridge and marine projects and major concrete infrastructure works. Our highly trained and reliable crews along with our small fleet of specialised plant assist us in delivering high-quality and consistent work for our clients.</span></p>
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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(0, 0, 0);font-style:inherit;"><p style="padding-left:0px;display:inline;"><span style="color:rgb(36, 36, 36);font-style:inherit;font-weight:normal;">Commercial Lease for 3 year leaseback with the seller with 3 years in options </span></p></li><li style="list-style-image:none;color:rgb(36, 36, 36);font-style:inherit;"><p style="padding-left:0px;display:inline;"><span style="color:rgb(36, 36, 36);font-style:inherit;font-weight:normal;">Net Income of $112,500 after all the outgoings including property management and the land tax </span></p></li><li style="list-style-image:none;color:rgb(36, 36, 36);font-style:inherit;"><p style="padding-left:0px;display:inline;"><span style="color:rgb(36, 36, 36);font-style:inherit;font-weight:normal;">Annual increase of 3.5% or CPI whichever is greater</span></p></li><li style="list-style-image:none;color:rgb(36, 36, 36);font-style:inherit;"><p style="padding-left:0px;display:inline;"><span style="color:rgb(36, 36, 36);font-style:inherit;font-weight:normal;">Total NLA of 375 m2 (300 m2 office and 75 m2 warehouse)</span><a style="color:rgb(36, 36, 36);display:inline;font-style:inherit;font-weight:normal;" target="_blank" href="https://www.rethinkinvesting.com.au/calculator-result/ryc_f17j3tk2"><u>https://www.rethinkinvesting.com.au/calculator-result/ryc_f17j3tk2</u></a></p></li></ul>
Additional Financial Information FileInitial Term:
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Subject Property: $300 Per Sqm 1/29 Southgate Ave, Cannon Hill - 510sqm office leased for $216,750pa Net = $425/sqm 3/28 Metroplex Ave, Murarrie - 220sqm office leased for $84,000PA Gross = $381.81/sqm 6a/58 Metroplex Ave, Murarrie - 80sqm office leased for $28,000PA Gross = $350/sqm 3B/61 Southgate Ave, Cannon Hill - 187sqm office leased for $74,800PA Gross = $400/sqm 4/1027 Manly Rd, Tingalpa - 121sqm office leased for $35,695PA Net = $292/sqm 3/44 Milsom St, Coorparoo - 245sqm office leased for $66,150PA Net = $270/sqm 10B/58 Metroplex Ave, Murarrie - 160sqm office leased for $62,732PA Net - $392/sqm Unit 1/15 Holt St, Pinkenba - 427sqm Office/warehouse sold for $2,060,000 with a lease reflecting $292.74/sqm + Outgoings + GST Unit 6/15 Holt St, Pinkenba - 328sqm Office/warehouse sold for $1,550,000 with a lease reflecting $265.84/sqm + Outgoings + GST Unit 14/15 Holt St, Pinkenba - 254sqm Office / warehouse sold for $1,300,000 with a lease reflecting $307.09*/sqm + Outgoings + GST
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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(0, 0, 0);"><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Strategically located in the heart of the Australia TradeCoast precinct </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Easy access to the Gateway Motorway, Port of Brisbane and Brisbane Airport</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;">300 m2 of office space and 75 m2 of warehouse</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(23, 30, 26);font-weight:normal;font-style:normal;">Outstanding presentation with new carpet & paint throughout, floor to ceiling glass partitioning, LED flat panel lighting, full data cabling</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(23, 30, 26);font-weight:normal;font-style:normal;">Amenities with high quality finishes include two kitchens, three bathrooms and a separate shower room</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(23, 30, 26);font-weight:normal;font-style:normal;">Seven exclusive off street car spaces</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(23, 30, 26);font-weight:normal;font-style:normal;">The entire complex of 13 units is currently (Nov 2024) being repainted and freshly landscaped</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(23, 30, 26);font-weight:normal;font-style:normal;">New 3yr + 3yr lease to civil infrastructure company Hawthorne Civil paying $112,500PA + Outgoings + GST</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;">Surrounded by several high-profile industrial operators in the region </span></p></li></ul>
