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38 Kingsbury Street

38 Kingsbury Street, Brendale, QLD 4500

Expressions of Interest Industrial/Warehouse
Please Contact Agents
Property No. 15441

Building Information

The New Base Collection – 3 Existing Assets plus Development Land

JLL and CBRE are pleased to present the opportunity to acquire a portfolio of three brand new existing assets plus additional development land within the highly successful New Base Industrial Estate in Brisbane.

The New Base Collection provides an incoming purchaser a secure stabilised income stream with additional value add via the development of the surplus land.

Key benefits of the portfolio include;

- Total land area of 20,478sqm* across four titles
- Current GFA of 7,710sqm* with building approvals in place for up to 11,310sqm*
- Brand new corporate industrial facilities with high corporate appeal
- Current net income of $1,100,000* per annum
- Strong fixed annual increases
- Attractive 5.9* year WALE
- Diversified income stream with staggered lease expiries
- Additional 6,860sqm* land with development approvals in place
- Within close proximity to two of north Brisbane’s largest distribution centres (Aldi, Super Retail Group)
- Located within one of north Brisbane’s most successful industrial estate

The portfolio is being offered individually or in one line via Expressions of Interest closing 4PM (AEST) Thursday 2nd April 2020.

For further details please contact the below exclusive marketing agents.

*Approx.

Last updated

09 Mar 2020

Building

Whole

Floor area

7,710 sqm

Land area

2.05ha (5.06acres) (approx.)

Tenure Type

Tenanted

Within walking distance

Within walking distance

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