 Asset Class: | Industrial |
 Price: | $ 1100000 |
 Net Yield: | 5.35 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | Off Market |
Presenting an outstanding off-market industrial tenanted investment opportunity, strategically located near the Brisbane CBD. This first-class office/industrial asset is underpinned by a recently extended 5-year lease with further 5 years options to Global 372 Acrylic Pty Ltd.<br><br>This asset is located within the highly popular and quickly evolving suburb of Salisbury. <br><br>Salisbury benefits from its proximity to a thriving residential base, immediate access to major Motorways/ Arterials (M1 + Ipswich Motorways) and distance from the CBD/inner city (11km by road).<br><br>Salisbury has seen a spike in land values and local repositioning largely due to its older style facilities having a much higher and better use. The inner south industrial market has a limited land supply that will capitalise on the growth of industries such as E-commerce, Last Mile & Food based industries.<br><br>Single-tenant investments positioned in high growth areas with strong lease covenants via an established company are rarely available on the market. Therefore, we encourage your strong consideration of this outstanding investment opportunity with so much value-add down the track.<br><br><ul style='list-style-type:ulRightPointer;list-style-image:url("data:image/svg+xml,%3Csvg xmlns=%22http://www.w3.org/2000/svg%22 width = %229px%22 height = %229px%22%3E%3Cpath d = %22M14.6,95c0,0.1,0,0.1-0.1,0.2c0,0.1-0.1,0.1-0.2,0.1l-7,3.2c-0.1,0-0.1,0-0.2,0S7,98.4,6.9,98.4 c0,0-0.1-0.1-0.1-0.2s0-0.1,0-0.2l1.4-3.3l-1.3-3.4c0-0.1,0-0.1,0-0.2s0-0.1,0.1-0.2c0,0,0.1-0.1,0.2-0.1s0.1,0,0.2,0l6.9,3.7 c0.1,0,0.1,0.1,0.2,0.1S14.6,94.9,14.6,95z%22 style=%22fill:rgb(51%2C%2051%2C%2051)%3Btransform:translate(-6px,-90px)%3B%22/%3E%3C/svg%3E");list-style-position:inside;padding-inline-start:20px;'><li style="margin-inline-start:20px;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Value Add Opportunity: $175 x 430 m2 = $75,250* (Conservative Rate)</span></p></li><li style="margin-inline-start:20px;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Potential Net Yield: 6.8%*</span></p></li><li style="margin-inline-start:20px;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Potential Value of the Property (At 6%): $1,254,166*</span></p></li><li style="margin-inline-start:20px;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Potential Value-Add Down the Track (Considering the cap rate at 6%): $154,166*</span></p></li></ul><br>* To be clarified during the due dilligence <br><br>
How old is the asset?
Vendor's reason for selling?
Days property been on market?
Is this property strata titled?
Are the seller and tenant related parties?
How long has the current tenant been on site?
How long has the tenant been in business?
Is this property in a flood zone?
Is this lease a leaseback arrangement?
<b>Brisbane 2032</b><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 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. 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 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><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;margin-inline-start:20px;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;margin-inline-start:20px;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;margin-inline-start:20px;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);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 File<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;margin-inline-start:0cm;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);margin-inline-start:0cm;font-style:normal;"><b> </b></span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Global 372 Acrylic Pty Ltd</b></span></p></li></ul><br><p style="margin-inline-start:0cm;"><span style="color:rgb(51, 51, 51);">Website: </span><a style="color:rgb(44, 123, 208);display:inline;" target="_blank" href="https://www.acrylicsonline.com.au/"><u>Home — Acrylics Online — Acrylic Products and Custom Acrylic Services</u></a><span></span></p><br><p style="margin-inline-start:0cm;">Tenant is a specialist in acrylic fabrication and services, catering to industries such as construction, design, retail, and events. </p><br><p style="margin-inline-start:0cm;"><b>Their operations include:</b></p><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;margin-inline-start:0cm;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Fabrication of furniture, displays, signage, and stages</span></p></li><li style="list-style-image:none;margin-inline-start:0cm;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Laser cutting, engraving, and UV printing for projects up to 3050 x 2050mm</span></p></li><li style="list-style-image:none;margin-inline-start:0cm;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Custom design and cut-to-size acrylic sheet services</span></p></li></ul>
Initial Term:
Security:
Security Info:
<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;margin-inline-start:0cm;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-style:normal;"><b>Tenant: </b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Global 372 Acrylic Pty Ltd</span></p></li><li style="list-style-image:none;margin-inline-start:0cm;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Building Area: </b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">427 m2</span></p></li><li style="list-style-image:none;margin-inline-start:0cm;color:rgb(0, 0, 0);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-style:normal;"><b>Rental:</b></span><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;"> </span><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">$74,500 Gross including GST.</span></p></li><li style="list-style-image:none;margin-inline-start:0cm;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-style:normal;"><b>Approx Net Rental:</b></span><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;"> $58,905 + outgoings + GST</span></p></li><li style="list-style-image:none;margin-inline-start:0cm;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-style:normal;"><b>Rent Per Sqm: </b></span><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">$138/sqm (Hugely under rented lease) </span></p></li><li style="list-style-image:none;margin-inline-start:0cm;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-style:normal;"><b>Term:</b></span><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;"> 5+5 years (brand new lease)</span></p></li><li style="list-style-image:none;margin-inline-start:0cm;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-style:normal;"><b>Lease Start Date: </b></span><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">01-05-2025</span></p></li><li style="list-style-image:none;margin-inline-start:0cm;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-style:normal;"><b>Lease End Date: </b></span><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">30</span><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">-04-2030</span></p></li><li style="list-style-image:none;margin-inline-start:0cm;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Options: 5 years (2035)</span></p></li></ul><p style="margin-inline-start:0cm;"><span style="color:rgb(0, 0, 0);"><b>Rent Increases:</b></span><span style="color:rgb(0, 0, 0);margin-inline-start:0cm;"> 3%</span></p>
Additional Financial Information FileInitial Term:
Security:
Security Info:
Please see the attached file under "Financial Overview"
Offer To Purchase:
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Initial Deposit:
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Due Diligence:
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Finance:
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Settlement:
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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;">Building area: 427m²* (industrial shed/office)</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Roof recently re-sheeted</b></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;">Excellent office/Showroom</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;">Access via a single container height roller door or Showroom door</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;">Exposed unit in a complex of seven</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;">Unmatched exposure on Evans Rd</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;">Fully air-conditioned and partitioned office spaces</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Located in Salisbury 11 kms south of the CBD</b></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;">Area primarily serves light manufacturing and distribution industries</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;">Easy access to major arterial roads such as Beaudesert Rd, Ipswich Rd and Pacific Motorway</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);font-style:normal;font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);padding-left:0px;font-style:normal;"><b>Value-add opportunity via getting the tenancy to market rate $175 (Minimum) </b></span></p></li></ul>
