68 Ingleston Road

Best Opportunity in Tingalpa - Low-Site Coverage Asset

JLL is pleased to exclusively offer 68 Ingleston Road, Tingalpa for sale. This rare low-coverage asset provides secure rental income with significant long-term capital growth. The well-maintained, functional warehouse presents an excellent opportunity for investors and owner-occupiers to establish a strong presence in the TradeCoast precinct, while the site itself is an attractive opportunity for developers.

Key features include:

- 4,983sqm* site area (General Industry A)
- 1,145sqm* highly functional office/warehouse factory
- 1,001sqm* functional clearspan warehouse component
- 144sqm* well-presented office space
- Low site-coverage opportunity (22%) offering significant development upside (STCA)
- Passing net income of $300,000 per annum + GST
- Located in an extremely under-supplied market
- Leased to Ramsay Engineering Pty Ltd who have occupied since 1968.
- Greater of CPI or 3.5% reviews
- Flexible lease term on offer to suit investors, developers and owner occupiers.

There is no closing date for the opportunity, the property will be sold on a first in basis.

Please contact the exclusive agents to arrange an inspection or to review the contract.

*Approx.