![]() Asset Class: | Industrial |
![]() Price: | $ 840000 |
![]() Net Yield: | 5.70 % |
![]() Net Yield - including solar strategy: | % |
![]() Property Market Status: | Off Market |
<span style="color:rgb(51, 63, 72);">This exceptional entry-level industrial investment property is located in the highly sought after industrial suburb of Brendale which is experiencing strong growth on Brisbane's Northside. </span><br><br><span style="color:rgb(51, 63, 72);">Brendale is a well established suburb with excellent access to Gympie Road and South Pine Road and in close proximity to the M1 Gateway Motorway, and is 18 kilometres from the Brisbane CBD and 15 kilometres from the Brisbane Airport.</span><br><br><span style="color:rgb(51, 63, 72);">The property comes with a brand new 3-year net lease with landlord friendly 3.5% annual increases. </span>
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Brendale is a rapidly growing suburb located in the Moreton Bay Region of Queensland, Australia. This suburban area, positioned approximately 20 kilometres north of Brisbane's central business district, has experienced significant development over recent years, transitioning from a predominantly industrial zone to a more diverse community that now includes a mix of residential, commercial, and industrial sectors.<br><br>The growth of Brendale can be attributed to several factors. Its strategic location near major transportation routes, including the Bruce Highway and the Gateway Motorway, has made it an attractive destination for businesses and residents alike. The availability of large parcels of land has facilitated the expansion of both industrial facilities and new residential developments, catering to a growing population seeking affordable housing options within commuting distance to Brisbane.<br><br>As of the 30th of June 2023, Brendale has a population of 14,820. Since the previous year, the population has grown by 3.22%, outpacing the overall population growth in the City of Moreton Bay, which was 2.68%. This impressive growth rate underscores the suburb's appeal and the effectiveness of ongoing development initiatives.<br><br>Brendale's industrial sector remains a cornerstone of its local economy. The suburb is home to a wide array of industries, including manufacturing, warehousing, logistics, and distribution. Notable companies operating in the area include food and beverage manufacturers, construction material suppliers, and automotive services. The presence of these industries has created numerous employment opportunities, contributing to the suburb's economic vitality.<br><br>In addition to its industrial base, Brendale has seen an influx of commercial enterprises, such as retail stores, service providers, and hospitality venues. This diversification has enhanced the suburb's appeal, offering residents convenient access to essential amenities and services. The development of shopping centres and local businesses has further supported the suburb's growth, making it a self-sustaining community.<br><br>The residential landscape of Brendale is characterized by a mix of established homes and new housing developments. The suburb caters to a diverse demographic, including families, young professionals, and retirees. The availability of parks, recreational facilities, and schools has made Brendale an attractive option for those seeking a balanced lifestyle with easy access to urban conveniences.<br><br>Community infrastructure in Brendale has also evolved to support its growing population. Investment in public transport, including bus services and nearby train stations, has improved connectivity to Brisbane and surrounding areas. Additionally, ongoing infrastructure projects aim to enhance road networks and public amenities, ensuring that the suburb can accommodate future growth.<br><br><br> <br><br><br>
Additional Location Information FileInitial Term:
Security:
Security Info:
<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;">Lease Start Date: 01-11-2024</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 End Date: 31-10-2027</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;">Further Options: NIL</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;">Net Income: $48,000</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;">Fixed Annual Increases: 3.5%</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% paid by the tenant including land tax and property management </span></p></li></ul>
Additional Financial Information FileInitial Term:
Security:
Security Info:
Please refer the attached file
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;">Total approved area of 221 SQM*</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;">Additional 64 SQM* of unapproved ofce space/mezzanine storage</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;">Besser block and metal clad construction</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;">Air-conditioned board room & executive ofces over two levels</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;">Internal kitchenette and amenities</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;">3 Phase power</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 consists of two (2) exclusive use parking spaces</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;">New (3) three year lease in place</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 Estate of Brendale </span></p></li></ul>