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Colliers - Townsville

Triple Strength Portfolio, 79-85 Commercial Avenue Bohle, QLD 4818

Directions

Triple Strength Portfolio, 79-85 Commercial Avenue,
Bohle, QLD 4818

Warehouse, Factory & Industrial

Price information

Sale

Expressions of Interest

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$2,188,193
Number of Tenants
3 Tenants

Private inspections

to arrange a private inspection.

Map of Triple Strength Portfolio, 79-85 Commercial Avenue

Directions
  • Bus stops within 5 km of Triple Strength Portfolio, 79-85 Commercial Avenue, Bohle, QLD 4818Distance
    Ingham Rd at Coconut Glen van Village615 m
    Ingham Rd Near Everett St848 m
    North Shore Blvd Near Main St1.7 km
    North Shore Boulevard Near Burdell Dr1.8 km
    Crestbrook Dr Near Samson Ct1.8 km
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POWERED BY HERE ©

The Triple Strength Portfolio

Colliers, as exclusive selling agents, are pleased to offer the Triple Strength Portfolio, to the market for sale, inclusive of the below three exceptional properties:

• 79-85 Commercial Avenue, Townsville QLD
• 8 Merchant Street, Mackay QLD
• 79 Dozer Drive, Mackay QLD

Underpinned by secure leases to exceptional blue-chip tenant covenants, the portfolio provides the following captivating investment characteristics:

• Three state-of-the-art, modern, distribution and manufacturing facilities providing 12,283m² of high-quality logistics improvements.
• Secure portfolio WALE (by income) of 8.4-years underpinned by blue-chip tenant covenants in The State of Queensland, Mainfreight, and Vulcan Steel, providing a secure and stable cashflow.
• Highly favourable lease structure, providing a secure and stable cashflow with accretive returns.
• Significant portfolio net passing income of $2,188,193 ($178/m²) per annum, slightly below the assessed net market income of $2,629,125 ($214/m²) per annum.
• Defensive CPI-linked rental review structures supporting strong cash flow performance.
• Exceptionally rare 100% Queensland industrial offering, located within Australia's fastest growing market, supported by strong population growth currently at its highest level since 2009, up 2.2% over the past 12 months.
• Strategically located within the Townsville and Mackay industrial precincts with prominent street frontages and key arterial access.

All figures are approximate as at 31 October 2024.

The Triple Strength Portfolio is offered for sale individually, grouped, or in one-line via an Expressions of Interest (EOI) Campaign closing 4:00 pm (AEST) Wednesday, 11th September 2024.

Should you require any further information or have any inquiries, please do not hesitate to contact the exclusive Colliers selling agents.

Property ID: 504657120Last Updated: 11 Aug 2024

Colliers - Townsville

Level 1, 42 Sturt Street
TOWNSVILLE CITY, QLD 4810
Colliers - Townsville
Triple Strength Portfolio, 79-85 Commercial Avenue
Bohle, QLD 4818
Colliers - Townsville
Level 1, 42 Sturt Street
TOWNSVILLE CITY, QLD 4810
Colliers - Sydney
Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000

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