MAKE THE EDUCATED PLAY
45-53 South Pine Road, Brendale, Queensland 4500
Industrial For Sale
Expressions of Interest. EOI Date 26 Oct 2018
Land Area: 26,910.00 m2. Floor Area: 18,255.00 m2.
Car Spaces: 120
Colliers International, as exclusive marketing agents present this outstanding investment opportunity fully leased to Modern Teaching Aids Pty Ltd – a leading Australian educational and toy supplier. The asset sits within a tightly held commercial precinct within 200 metres from a major passenger rail station, and with a favourable zoning there is huge scope for future repositioning.
With a long term lease until 2023 and an outstanding location close to public transport, this offering is the educated play for any astute investor.
Key features include:
- A long term lease to Modern Teaching Aids Pty Ltd returning some $2,005,000 per annum net plus GST
- Full outgoings recovery
- Improvements house a combination of high SKU warehousing and a large pick and pack area
- Substantial office and showroom facilities are situated with frontage to South Pine Road
- Two street drive through access
The property is offered for sale via Expressions of Interest closing Friday 26 October at 5pm.
For further information, contact the exclusive marketing agents at Colliers International.
- Returning $2million* pa net + GST
- Fully leased until 2023
- Multiple frontages & crossovers
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