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9.6 Year WALE Core Multi-Tenanted Estate – Darra QLD
JLL Capital Markets Industrial & Logistics team is pleased to offer for sale 2580 & 2596-2602 Ipswich Road, Darra. A brand new multi-tenanted diversified investment portfolio located on an iconic high-profile corner within one of Brisbane’s core and tightly held industrial precincts.
Key Investment Highlights include:
- Iconic 40,460sqm corner site with three street access and exposure to the Ipswich Motorway
- GLA of 12,743sqm across three separate adjoining titles
- Two brand new highly engineered industrial facilities, truck stop and service station
- WALE of 9.6 years (as at 30 June 2021)
- Strong annual minimum rent reviews between 3.00-3.50%
- Total net income of $2,514,144 per annum (as at 30 June 2021)
- Three major occupiers including Laser Central, PremiAir Hire and Freedom Fuels
- Strategic inner western location with direct access to major transport corridors
- Substantial infrastructure including multiple gantry cranes, large power supply, reinforced floor slabs, wash bays and major solar panel installation providing significant sustainability
Being sold individually or in one line via an Expressions of Interest closing Wednesday 23rd June 2021 4PM (AEST).