 Asset Class: | Other |
 Price: | $ 1875000 |
 Net Yield: | 6.40 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | Off Market |
An exceptional opportunity to secure a 1,200 m2 of commercial food production facility in a highly sought-after location.<br><br>Located in a prime location in the<b> sought after industrial precinct of Salisbury, this property is only 12km from Brisbane’s CBD</b>. Situated on a high exposure position on busy Evans Road, this office/showroom has great arterial connections to Beaudesert Road and the Ipswich and Pacific Motorways. This well maintained complex is in a central, super convenient location for customers, with dual driveways and ample parking in front and behind the building.<br><br><span style="color:rgb(0, 0, 0);">This is a great investment oppurtunity in one of the most hotly contested price brackets and market segments and it comes with a under market lease back to longstanding business Kelly Court. </span><br><br>This property represents an exceptional buying opportunity. 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.<br><br><span style="color:rgb(51, 63, 72);"> </span>
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<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>$8.1 billion in total benefits for Queensland and $17.61 billion total benefits for Australia broken down by: <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<b>Kellys Candy Co</b><br><br><b>Website: </b><a style="color:rgb(44, 123, 208);display:inline;font-weight:normal;" target="_blank" href="https://kellyscandy.com.au/"><u>Kellys Candy Co. Online Confectionery Store</u></a><span style="font-weight:normal;"></span><br><br><span style="color:rgb(17, 17, 17);">Kellys Candy Co. is a family owned Australian manufacturer based in Brisbane since 1981. We hand make our products utilising traditional confectionery techniques whilst using predominantly Australian ingredients. We take great pride in our history and are passionate about the quality of our products. When you buy a Kellys Candy Co. product, you are supporting a wholly Australian owned family business and local jobs.</span><br>
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<ul style="list-style-type:circle;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;margin-inline-start:0px;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;margin-inline-start:0px;">Leaseback of 2 years plus 3 years in options from the seller </span></p></li><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;">Net Income of $120,000</span></p></li><li style="list-style-image:none;margin-inline-start:0px;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(36, 36, 36);font-weight:normal;font-style:normal;">Outgoings: 100% to be paid by the tenant including Rates, Water, Insurance, Body Corporate fees, Sinking Fund, Land Tax (if applicable) on a single holding basis and property management</span></p></li><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;">Secuity of 3 months rent </span></p></li><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;">3% or CPI annual increases </span></p></li><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;">Market Reviews: Commencement of each option period</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;">Rent Per Sqm: $100 Per Sqm</span></p></li></ul><br><p style="padding-left:0px;"><span style="color:rgb(36, 36, 36);font-style:inherit;font-weight:normal;">** </span><span style="color:rgb(36, 36, 36);font-style:inherit;"><b>Notes: </b></span><span style="color:rgb(36, 36, 36);font-style:inherit;font-weight:normal;">Rent per sqm seems very low for the area. This would be a huge uplift down the track for the respective purchaser. Specially after the initial lease-term of 2 years. (Subject to due diligence and valuation) </span></p>
Additional Financial Information FileInitial Term:
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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;">1,200m2 of fl oor area (over two levels with 3m internal height)</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;">1,034m2 of land area</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;">Commercial food production facility</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;">Main road frontage & flood free location</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;">Roller access with loading dock & on grade access</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;">Parking & hardstand at front & rear of site</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Brand new 2 year net lease with 3 years in 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;">100% of the outgoings to be paid by the tenant inlcuding property management and land tax </span></p></li></ul>
