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SOLD

107-115 Spencer Road, Carrara, QLD, 4211

Properties / Sold / Queensland / Carrara

Tenanted Investment

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1. Property Summary

Selling Method

Auction

Selling Details

Auction, Sunday 28 January at 10am

Land Area

4,949 m² (*approx)

Floor Area

1150 m² (*approx)

Property Type

Industrial, Other

Sub-type

Office/Warehouse, Car Dealership

Terms

2 years with a 1 year option

Est. Income

$440,000 p/a

Fully Leased

Volvo Trucks Australia/Mack Trucks

Car Spaces

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2. Property Highlights

$400,183* net income leased to Volvo Trucks Australia/Mack Trucks - 4,949m²* high profile location with exposure to M1 Motorway

Peter Laoudikos of RWC Gold Coast, as the exclusive agent presents 107-115 Spencer Rd, Carrara for sale via Public Auction. Rarely does an opportunity like this present itself with the owners providing you the chance to secure a fantastic industrial asset with huge value add potential. This location is hard to beat, located just 30 seconds from the Pacific Motorway and leased to an internationally known tenant in Volvo/Mack Trucks. With the tenant extending for a further 2 years with a 1 year option, owner occupiers can look to secure this position, collect the income and plan for future expansion or redevelopment. This location will always be sought after solidifying your investment in Australia's fastest growing market.

Additional features include:

- 1,150m²* building

- 4,949m²* site area

- Newly signed lease at $400,183.22 net

- Low site coverage allows for huge growth potential

- Fully fenced and secure premises

- 7 x high clearance roller doors (motorised)

- Modern office and showroom area (over two levels)

- Wash bay

- Three phase power

- Low-impact industry zoning

Remember to mention you found this property on CommercialReady