Fully Leased Freestanding Metro Investment

62 Pineapple Street, Zillmere, Queensland 4034

Industrial For Sale

Expressions of Interest. EOI Date 26 Jul 2018
Land Area: 23,846.00 m2.    Floor Area: 10,075.00 m2.    

Description

Colliers International, as exclusive selling agents are pleased to present this outstanding inner North investment holding. Fully leased (on a sale and leaseback basis) to long standing occupant GNS Stationers Limited, 58 Pineapple Street combines a quality industrial facility with an excellent investment profile which is sure to impress. In summary this offering entails;

- 10,075sqm of high quality industrial improvements on a 2.34ha IN2 zoned site
- Position allows for excellent connectivity with CBD and metro distribution markets, along with close proximity to passenger rail services
- Improvements were designed and constructed by prominent developer VanReit Group and take full advantage of the substantial site
- Construction is of excellent quality with full tilt panel external walls and ESFR sprinkling
- Asset is being offered on a sale and leaseback basis to GNS Stationers Limited returning $1,108,250 per annum net plus GST

A full information memorandum and due diligence kit is available upon request.

For further details or to arrange an inspection, please do not hesitate to contact Colliers International.

Features

  • High quality tilt panel facility
  • Fully leased returning $1.1M net pa
  • Excellent connectivity to metro networks

Specifications

Yard Yes
Council Brisbane City Council
Zoning QPP-IN2

Map

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