 Asset Class: | Industrial |
 Price: | $ 1150000 |
 Net Yield: | 5.82 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | Off Market |
<span style="color:rgb(0, 0, 0);">Presenting an outstanding industrial/office investment opportunity, located at 4 410 Newman Road, Geebung, QLD 4034. </span><br><br>The 289 m2 of net lettable area is currently being fully leased to <span style="color:rgb(0, 0, 0);">2 separate commercial tenancies, offers diversification, stability, and promising returns.</span><br><br><span style="color:rgb(0, 0, 0);">The property is located just 15 Kms to the Brisbane CBD and only 14 Kms to the Brisbane's International Airport. </span>Testament to the profile and strength of this tenancy and the location, this property is surrounded by several high-profile operators such as <span style="color:rgb(32, 33, 36);font-weight:normal;">Bridgestone Tyres, L & H Electricals, Snap Printing, Stihl, David Moss Corporation and Midas.</span><br><br>Industrial investments positioned in high growth areas via an established companies are rarely available on the market. Therefore, we encourage your strong consideration of this outstanding investment opportunity.
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<span style="color:rgb(51, 63, 72);">Geebung is situated in the centre of the Northside of Brisbane between Sandgate and Gympie Roads. This location allows excellent access to all northern arterial routes, Gateway Motorway, Airport & Port. Geebung also has two train stations and is only 15 kms north of the CBD.</span>
Additional Location Information File<span style="color:rgb(0, 29, 53);"><b>Oscars Cafe & Lunch Bar: </b></span><br><br><span style="color:rgb(71, 71, 71);">"Welcome to Oscar’s Café & Lunch Bar, your friendly neighbourhood takeaway spot in Geebung! Since 2013, we’ve been dedicated to serving up fresh, delicious fast food that keeps our customers coming back for more. Our bacon, egg, and cheese rolls are a local favourite, alongside our mouthwatering roast pork that has won the hearts of many. We take pride in our warm, welcoming service, ensuring every visit feels like catching up with friends. Pair your meal with a cup of our rich Crosspatch coffee for the perfect pick-me-up! Whether you’re grabbing lunch on the go or treating yourself to a tasty snack, Oscar’s is here to make your day brighter. Come in and experience the community vibe that makes Oscar's so special!"</span><br><br><b>Realiable Tradies:</b><br><br><a style="color:rgb(44, 123, 208);display:inline;" target="_blank" href="https://reliabletradies.com/"><u>Home // Reliable Tradies</u></a><span></span>
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<b><u>Ground Floor Tenant: </u></b><br><br><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;">Tenant's Name: Oscar's Cafe</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;">Lease Duration: 30-07-2023 to 29-07-2028 </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;">Options: 5 years in options to 2033</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 Increases: 4% (Next increase in July 2025)</span></p></li></ul><br><span style="color:rgb(51, 51, 51);"><b><u>First Floor Tenant: </u></b></span><br><br><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;">Tenant's Name: RealiableTradies </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;">Lease Duration: 15-05-2024 to 14-05-2026</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;">Options: 3 years in options to 2029</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 Increases: 4% (Next increase in May 2025)</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgba(51, 51, 51, 1);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b><u>Outgoings (Seller Provided Information *)</u></b></span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgba(25, 25, 25, 1);"><p style="display:inline;"><span style="color:rgb(25, 25, 25);font-weight:normal;font-style:normal;">Rates: $3,316 PA approx.</span></p></li><li style="list-style-image:none;color:rgba(25, 25, 25, 1);"><p style="display:inline;"><span style="color:rgb(25, 25, 25);font-weight:normal;font-style:normal;">Body Corporate: $3,475 PA approx.</span></p></li><li style="list-style-image:none;color:rgba(25, 25, 25, 1);"><p style="display:inline;"><span style="color:rgb(25, 25, 25);font-weight:normal;font-style:normal;">Water: $1,800 PA approx.</span></p></li><li style="list-style-image:none;color:rgba(25, 25, 25, 1);"><p style="display:inline;"><span style="color:rgb(25, 25, 25);font-weight:normal;font-style:normal;">Management: $4,614 PA approx. @ 7%</span></p></li><li style="list-style-image:none;color:rgba(25, 25, 25, 1);"><p style="display:inline;"><span style="color:rgb(25, 25, 25);font-weight:normal;font-style:normal;">Plus, a small amount for fire servicing</span></p></li></ul><br><p style=""><span style="color:rgba(25, 25, 25, 1);">Net Income: $67,000 </span><span style="color:rgb(51, 51, 51);font-weight:normal;">(Seller Provided Information*)</span></p><br><p style=""><span style="color:rgb(51, 51, 51);font-weight:normal;">* To be verified during the due dilligence </span></p>
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Subject Property: $231 Per Sqm Retail / Office Property: 15 Virginia Street Geebung QLD 4034 (Offices): Currently on the market, $229 Per Sqm for 210 m2 of NLA 17 Ashton Place Banyo QLD: Leased, $230 Per Sqm for 1,200 m2 of NLA Industrial / Office Property: 34 Morrisby Street Geebung QLD: Office: $275 per Sqm for 163 m2 and industrial: $165 Per Sqm for 270 m2
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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;">Dual income combined $67,000 PA Net + 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;">Realiable Tradies leased until May 2026 with options</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;">Oscars Cafe leased until July 2028 with options</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;">289 m²• NLA across both tenancies</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;">Recently refurbished office/warehouse</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;">Rental WALE: 2.42 approx.</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>Positioned between national retailers Bridgestone Tyres & L&H Electrical</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;">Highly sought-after Industrial / Office type of an investment oppurtunity </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;">Just 15 Kms to the Brisbane CBD </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;">Just 14 Kms to the Brisbane Airport and 25 Kms to Port of Brisbane </span></p></li></ul>
