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