Share this property

realcommercial.com.au
Knight Frank - Brisbane

478 Freeman Road Richlands, QLD 4077

Directions

478 Freeman Road,
Richlands, QLD 4077

Warehouse, Factory & Industrial

Price information

Sale

Contact Agent

Key property information

Land area

Floor area

Zoning

Tenure type

Private inspections

to arrange a private inspection.
Knight Frank - Brisbane
Mark Clifford
Elliot Ryan

Knight Frank - Brisbane

Level 22/12 Creek St
BRISBANE CITY, QLD 4000
Knight Frank - Brisbane
478 Freeman Road
Richlands, QLD 4077

Map of 478 Freeman Road

Directions
  • Train stations within 5 km of 478 Freeman Road, Richlands, QLD 4077Distance
    Richlands Station1.6 km
    Darra Station2 km
    Wacol Station3.2 km
    Oxley Station4 km
    Gailes Station4.1 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 478 Freeman Road, Richlands, QLD 4077Distance
    Archerfield Rd Near Freeman Rd271 m
    Archerfield Rd Near West Link Pl319 m
    Spectrum Transport Systems365 m
    Archerfield Rd Near Littleton Rd524 m
    Boundary Rd Near Archerfield Rd764 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.

Property ID: 504706652Last Updated: 13 Oct 2024

Make an enquiry

What's your enquiry about?

Enter your details

More properties from Knight Frank - Brisbane

Other properties you might be interested in based on the location and property type you are looking at.