1110 Kingsford Smith Drive

Multi-Tenanted Eagle Farm Investment – 3.00+ Year WALE

1110 Kingsford Smith Drive, Eagle Farm provides a rare investment offering on the most highly sought after thoroughfare in Brisbane’s premier industrial suburb. Located less than 10* minutes from the Airport, 3* minutes from the Gateway Arterials and 15* minutes from the CBD, the property is situated in a highly strategic location. Eagle Farm is Brisbane’s most tightly held suburb, with the least sale transactions recorded per year in the Brisbane City Council region.

Features include:

- Multi-tenanted & fully leased asset returning $390,437.28 + GST per annum net
- 3.05+ year WALE (leases) in place to occupiers Odyssey Gaming and Rubicon Design and Construct
- Strong income growth potential with 4.00% fixed reviews in place
- Freehold 1,196sqm* building located on a 1,831sqm* General Industry B site
- 741sqm* of ‘A’ Grade office and amenities located over two levels fronting Kingsford Smith Drive, providing significant exposure
- 455sqm* tilt panel warehouse units divided across two tenancies at the rear of the boundary, utilised for storage
- Constructed in 2013, providing potential depreciation benefits
- Significant local infrastructure spending with the Airport Runway Duplication, Brisbane International Cruise Terminal and the widening of Kingsford Smith Drive almost finished
- Excellent local amenity with the Hamilton Northshore, Portside Wharf and Racecourse Road nearby

For more information, please contact exclusive agents Brendan Delahunty or Gibson Leembruggen from JLL.

*Approx.