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2. Property Highlights

Prime Freestanding Investment - Leased to ASX Top 100 Listed Harvey Norman
  • 5.25 Year WALE
  • ASX Listed Tenant
  • Tilt Panel Freestanding Facility

JLL and CBRE are pleased to offer 43 Ingleston Road, Wakerley to the market For Sale via Expressions of Interest closing 4pm Wednesday 8th December.

The property presents investors with the opportunity to acquire a prime freestanding tilt-panel facility located in a blue-chip industrial suburb, securely leased to one of Australia’s largest companies, Harvey Norman. Positioned in the Wakerley industrial precinct, this property is located within a highly sought-after precinct with excellent connectivity to local arterials routes and amenities.

Features of this rare opportunity include:

- 1,560sqm* tilt-panel freestanding and clearspan facility with a minimum 8.5m* internal clearance
- Significant 2,488sqm* General Industry zoned site with 35m* of street frontage
- ASX listed covenant Harvey Norman who has an annual revenue of AU $9.49 Billion*
- Securely leased, returning $232,000* per annum net + GST (as at 1st Mar 22)
- Boasts a 5.25 year WALE (as at 1st December 2021) with favourable review structures for secure income growth
- Highly sought after TradeCoast location offering exceptional connectivity to local arterials and amenities
- Generic layout suitable for a multitude of uses further future proofing the asset
- Recently constructed building providing depreciation benefits
- Warehouse accessed via two on-grade roller doors and one sunken loading dock
- Fully fenced and secure site with ample onsite parking

The property is available via Expressions of Interest closing Wednesday 8th December 2021 at 4pm (AEST).

For further information or to arrange an inspection, please contact the exclusive agents.

*Approx

Remember to mention you found this property on CommercialReady.com.au

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3. Property Location

43 Ingleston Road, Wakerley, QLD, 4154

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4. Due Diligence

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CBRE - Brisbane
CBRE - Brisbane
Waterfront Place Level 3, 1 Eagle Street BRISBANE CITY, QLD 4000
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