 Asset Class: | Industrial |
 Price: | $ 2050000 |
 Net Yield: | 5.75 % |
Net Yield - including solar strategy: | % |
 Property Market Status: |
<span style="color:rgb(51, 51, 51);">On offer is a modern industrial strata unit with great access in a boutique complex of 5 fully subscribed commercial units built in 2015 in the Yatala distribution and logistics hub close to the M1 between Brisbane and the Gold Coast. The owners, Total Engineering & Mining Supplies have been operating since 2008 specialising in the supply and distribution of fasteners and industrial products for a range of industries. They have recently purchased a 1,500m2 warehouse and are leasing back this unit for a minimum of 18months from settlement (eg. to Sept 2026) paying all outgoings plus funding the re-letting to a new tenant.</span><br><br><span style="color:rgb(51, 51, 51);">Unit 2 features a large high-bay warehouse allowing higher than usual storage options, front reception, first floor office, undercover parking, dual amenities, 3 phase power and generous hardstand; being a key point of difference in a strata complex.</span><br><span style="color:rgb(51, 51, 51);">Situated in the Yatala Enterprise Area with local and national operators including Woolworths, Aldi, TradeTools, Nu-Pure, Vulcan, Al-Co, Siemens, Harvey Norman, Sims, National Storage, Jeld-Wen, Multi Spares.</span><br><span style="color:rgb(51, 51, 51);">Ideally located between SEQ’s two largest consumer markets, 3-minute drive to the M1 Exit 38 and Exit 41 in north and south directions, 45 minutes to the Gold Coast and 40 minutes to Brisbane</span>
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?
The YEA is considered the fastest growing industrial precinct in Southeast Queensland. The area’s strong appeal is demonstrated by the many national and international corporations located within the precinct, these include Woolworths, Goodyear, National Tiles and PFG Australia.<br><br><a style="color:rgb(44, 123, 208);display:inline;" target="_blank" href="https://retailworldmagazine.com.au/frasers-property-industrial-opens-primary-connect-industrial-facility-at-vantage-yatala/"><u>Frasers Property Industrial opens Primary Connect Industrial facility at Vantage Yatala | Retail World Magazine</u></a><br><a style="color:rgb(44, 123, 208);display:inline;" target="_blank" href="https://www.theindustrialist.com.au/properties/2023/08/18/owner-occupier-acquires-prime-industrial-site-yatala-logistics-hub-1065m"><u>Owner Occupier acquires prime Industrial site in Yatala Logistics Hub for $10.65m - Cushman & Wakefield | The Industrialist</u></a>
Additional Location Information FileThe YEA is considered the fastest growing industrial precinct in Southeast Queensland.<br> The area’s strong appeal is demonstrated by the many national and international corporations located within the precinct, these include Woolworths, Goodyear, National Tiles and PFG Australia.<br><a style="color:rgb(44, 123, 208);display:inline;" target="_blank" href="https://www.theindustrialist.com.au/properties/2023/08/18/owner-occupier-acquires-prime-industrial-site-yatalalogistics-"><u>https://www.theindustrialist.com.au/properties/2023/08/18/owner-occupier-acquires-prime-industrial-site-yatalalogistics-</u></a>hub-1065m<br><a style="color:rgb(44, 123, 208);display:inline;" target="_blank" href="https://retailworldmagazine.com.au/frasers-property-industrial-opens-primary-connect-industrial-facility-at-vantageyatala/"><u>https://retailworldmagazine.com.au/frasers-property-industrial-opens-primary-connect-industrial-facility-at-vantageyatala/</u></a><span></span>
Initial Term:
Security:
Security Info:
Sales Evidence and Rentals
Additional Financial Information FileInitial Term:
Security:
Security Info:
2/50-52 Union Circuit, Yatala, 494m2, $238/sqm, $4,149/sqm, incl 18-month lease back (complex close to M1) 5/50-52 Union Circuit Yatala, 493m2, sold vacant $4,080/sqm in Sept 24’ (rear unit in the same complex) 6/18 Warehouse Circuit Yatala, 230m2, $250/sqm net (golf buggies, 3+3yrs) incl fit out 10/18 Warehouse Circuit Yatala, 198m2, $240/sqm net (Ricardo’s Detailing, 3+3yrs) 4/18 Warehouse Circuit Yatala, 230m2, $240/sqm net (Hydraulic Hoses, 3+3yrs) 2/30-34 Octal Street Yatala, 183m2, $780,000 ($4,240/sqm), sold June 2024 8/26-28 Octal Street Yatala, 295m2, ($3,440/sqm), 16 years old, sold Oct 2023 2/30-34 Octal Street Yatala, 183m2, $780,000 ($4,262/sqm), sold June 2024 9/64 Pearson Road Yatala, 133m2, ($4210/sqm), sold May 2024 6/53-57 Link Drive Yatala, 291m2, ($3,628/sqm), 12 years old, sold Feb 2024 5/13 Commerce Circuit Yatala, 97m2 ($4,422/sqm), 14 years old, sold Jan 2024 8/55-57 Commerce Circuit Yatala, 374m2, ($3229/sqm), 12 years old, sold Jan 2024 5/2-6 Commerce Circuit, Yatala, 267sqm, $4,869/
Offer To Purchase:
$
Initial Deposit:
$
Due Diligence:
days
Finance:
days
Settlement:
days
• Strategically positioned in Yatala Enterprise Area between Gold Coast and Brisbane<br>• Strategically positioned in Yatala Enterprise Area between Gold Coast and Brisbane<br>• 494m2 NLA plus additional 76m2 of car parking under roof<br>• 386m2 warehouse, 93m2 enclosed office mezzanine and 32m2 reception<br>• Concrete tilt panel construction with metal roofing<br>• Full-height warehouse roller door (6m x 5m)<br>• 5x allocated car spaces (3x undercover) and on-site visitor parking<br>• $117,570 net lease-back rental<br>• 3.5% annual increase at 12-month anniversary<br>• 18-month net lease back from settlement<br>• Tenant pays all outgoings incl rental mgt fees <br>• Vendor funds tenant leasing fee<br>• Air-conditioned office area<br>• Kitchenette, shower & bathroom amenities<br>• Pedestrian access glass door entry<br>• Low body corporate fees<br>• Arterial access to Sunshine & Gold Coasts, Airport, Port of Brisbane, Logan and CBD<br>• Zoned Medium Impact (Gold Coast Council) for a range of businesses <br>• Security: 3-month rental bond<br>• Inspection &/or video walk-through upon request
