Added today
140 Toongarra Road,
Wulkuraka, QLD 4305
Warehouse, Factory & Industrial
Added today
Price information
Sale - Expression of Interest closing Thu 15 Aug
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$932,799
Number of Tenants
1 Tenant
Tenants / Type
Game Meat Processing
Expression of Interest
Private inspections
to arrange a private inspection.
Modus Property Group
1 James StreetFORTITUDE VALLEY, QLD 4006
140 Toongarra Road
Wulkuraka, QLD 4305
Map of 140 Toongarra Road
Train stations within 5 km of 140 Toongarra Road, Wulkuraka, QLD 4305 Distance Wulkuraka Station 1 km Karrabin Station 1.9 km Thomas Street Station 2.2 km Ipswich Station 3.8 km POWERED BY HERE ©Bus stops within 5 km of 140 Toongarra Road, Wulkuraka, QLD 4305 Distance Toongarra Rd Near May St 343 m Light St Near Bass St 463 m Toongarra Rd Near Finch St 538 m Bass St Near Light St 580 m Toongarra Rd Near Aspinall St 778 m POWERED BY HERE ©
POWERED BY HERE ©
Long WALE, High Yielding Investment Opportunity
- Long WALE opportunity
- Significantly below replacement value
- Net annual income of $932,799 + GST
Modus Property Group is pleased to be exclusively representing 140 Toongarra Road, Wulkuraka QLD.
The opportunity comprises a purpose-built food processing and pet food production facility underpinned by a long-term lease extension to Game Meat Processing, a wholly owned subsidiary of The Real Pet Food Group.
Wulkuraka is located only 12 minutes from Ipswich CBD and within proximity to major infrastructure. This location is well positioned for access to raw product and labour, and efficiently services their national distribution network.
Key investment features:
- 6,350sqm* of GFA across 4 buildings
- 24,300sqm* corner site with 330m of street frontage
- Net annual income of $932,799* + GST equating to $146.89/sqm*
- Recently extended 20-year lease term (break clause at 2032)
- Fixed 3.5% annual review structure
- Low site cover of only 26%, providing scope for future expansion
- Significant recent capital expenditure completed by tenant
- Opportunity to purchase for well-below replacement value
For sale via Expressions of Interest closing Thursday 15th August 2024 at 4pm.
Please contact the Exclusive Agents at Modus Property Group for more details.
*Approx.
The opportunity comprises a purpose-built food processing and pet food production facility underpinned by a long-term lease extension to Game Meat Processing, a wholly owned subsidiary of The Real Pet Food Group.
Wulkuraka is located only 12 minutes from Ipswich CBD and within proximity to major infrastructure. This location is well positioned for access to raw product and labour, and efficiently services their national distribution network.
Key investment features:
- 6,350sqm* of GFA across 4 buildings
- 24,300sqm* corner site with 330m of street frontage
- Net annual income of $932,799* + GST equating to $146.89/sqm*
- Recently extended 20-year lease term (break clause at 2032)
- Fixed 3.5% annual review structure
- Low site cover of only 26%, providing scope for future expansion
- Significant recent capital expenditure completed by tenant
- Opportunity to purchase for well-below replacement value
For sale via Expressions of Interest closing Thursday 15th August 2024 at 4pm.
Please contact the Exclusive Agents at Modus Property Group for more details.
*Approx.
Property ID: 504641776Last Updated: 18 Jul 2024
Modus Property Group1 James Street
FORTITUDE VALLEY, QLD 4006
FORTITUDE VALLEY, QLD 4006
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