Explore Property are proud to present 35-39 Corporate Crescent, Townsville (Garbutt) for sale!

Features of this property include:

> Total lettable area of 1,091 square metres*;
> Net income of $132,876 per annum*;
> WALE of 4.04 years*;
> Strong lease covenant;
> Large, well presented industrial facility.

For Sale is a well presented freehold industrial property located in Garbutt, Townsville. It is currently leased to Aramex, with a lease term to May 2028 and options available until 2030.

Aramex is a leading global logistics provider and has over 19 locations across Australia.

The industrial facility comprises a 2,653 square metre* site, improved with a high clearance warehouse with an attached office area. The warehouse component includes 7 x 4.5 metre* clearance roller doors, while the office space comprises 2 offices and a reception area. The property provides a total lettable area of 1,091 square metres*.

Externally, the property offers excellent visibility and exceptional access with dual entry points. It has a street frontage of approximately 66.3 metres long* and features concrete hardstand, providing a site coverage of 41%*. The property includes 13 onsite car parks.

This asset presents a desirable investment opportunity, providing an annual passing net rental return of $132,876 per annum*.

Contact our team today to find out more!



*Approximate, estimated and subject to confirmation by survey.

The Agent does not give any warranty as to errors or omissions, if any, in these particulars. The provided information from the Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.