478 Freeman Road,
Richlands, QLD 4077
Warehouse, Factory & Industrial
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Knight Frank - Brisbane
Level 22/12 Creek StBRISBANE CITY, QLD 4000
478 Freeman Road
Richlands, QLD 4077
Map of 478 Freeman Road
Train stations within 5 km of 478 Freeman Road, Richlands, QLD 4077 Distance Richlands Station 1.6 km Darra Station 2 km Wacol Station 3.2 km Oxley Station 4 km Gailes Station 4.1 km POWERED BY HERE ©Bus stops within 5 km of 478 Freeman Road, Richlands, QLD 4077 Distance Archerfield Rd Near Freeman Rd 271 m Archerfield Rd Near West Link Pl 319 m Spectrum Transport Systems 365 m Archerfield Rd Near Littleton Rd 524 m Boundary Rd Near Archerfield Rd 764 m POWERED BY HERE ©
POWERED BY HERE ©
Prime Industrial Investment (ASX Listed Tenant with future upside- Richlands BNE)
Knight Frank has great pleasure in offering the superb industrial facility at 478 Freeman Rd Richlands to the market, on behalf of ASX Listed ALS as a sale and leaseback opportunity.
This 9063sqm freestanding industrial building sits on 28 400sqm of industrial land (only 32% site cover) in arguably Brisbane’s best industrial suburb. Richlands is a prime infill location with this asset surrounded by World Class brands like Coca Cola, Target, and Linfox. Neighbouring owners include DEXUS, Lend Lease and Charter Hall.
Key features:
• Quality concrete tilt construction (9063sqm)
• True core plus offering
• Well-presented and recently refurbished office facility
• 8000sqm rear hardstand area – future expansion and excellent truck movement
• Full drive around access
• Generic warehouse set up, with ALS specific internal components including dry storage, cold storage and lab areas.
• Development upside: The hardstand to the rear of the site offers the opportunity to expand the current improvements.
• Quality Tenant- ALS ASX Listed
Sale offering:
Sale structure: ALS are the vendor and the property is being sold on a leaseback basis.
Annual net income: $1 372 875 or $125 net per sqm on GFA and $30 per sqm on hardstand.
Annual increase: 3.5%
Term: 10 year initial term plus two further options of 5 years
EOI: For sale via expressions of interest closing Friday 8 November 4pm AEST
Outgoings: Triple net lease
This is being offered as a portfolio – available in one line or on a piecemeal basis.
This 9063sqm freestanding industrial building sits on 28 400sqm of industrial land (only 32% site cover) in arguably Brisbane’s best industrial suburb. Richlands is a prime infill location with this asset surrounded by World Class brands like Coca Cola, Target, and Linfox. Neighbouring owners include DEXUS, Lend Lease and Charter Hall.
Key features:
• Quality concrete tilt construction (9063sqm)
• True core plus offering
• Well-presented and recently refurbished office facility
• 8000sqm rear hardstand area – future expansion and excellent truck movement
• Full drive around access
• Generic warehouse set up, with ALS specific internal components including dry storage, cold storage and lab areas.
• Development upside: The hardstand to the rear of the site offers the opportunity to expand the current improvements.
• Quality Tenant- ALS ASX Listed
Sale offering:
Sale structure: ALS are the vendor and the property is being sold on a leaseback basis.
Annual net income: $1 372 875 or $125 net per sqm on GFA and $30 per sqm on hardstand.
Annual increase: 3.5%
Term: 10 year initial term plus two further options of 5 years
EOI: For sale via expressions of interest closing Friday 8 November 4pm AEST
Outgoings: Triple net lease
This is being offered as a portfolio – available in one line or on a piecemeal basis.
Property ID: 504706652Last Updated: 13 Oct 2024
Knight Frank - Brisbane Level 22/12 Creek St
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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