Added 1 day ago
38-40 Mackley Street,
Garbutt, QLD 4814
Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
Added 1 day ago
Price information
Sale - Expression of Interest
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$205,500
Number of Tenants
1 Tenant
Tenants / Type
Bridgestone
Private inspections
to arrange a private inspection.
Burgess Rawson Townsville - TOWNSVILLE CITY
Ground Floor, 61-73 Sturt StreetTOWNSVILLE CITY, QLD 4810
38-40 Mackley Street
Garbutt, QLD 4814
Map of 38-40 Mackley Street
Train stations within 5 km of 38-40 Mackley Street, Garbutt, QLD 4814 Distance Townsville Railway Station 4.2 km POWERED BY HERE ©Bus stops within 5 km of 38-40 Mackley Street, Garbutt, QLD 4814 Distance Bayswater Rd at Pilkington Street 417 m Bayswater Rd at Mooney Street 702 m Bayswater Rd at Duckworth Street 745 m Bayswater Rd at Trevor Street 841 m Mooney St at Maroong Street 849 m POWERED BY HERE ©
POWERED BY HERE ©
Prime Industrial Investment Leased to Tyre & Auto Giant
- Expansive 4,100sqm* site
- Full drive around capabilities
- Low site coverage
Burgess Rawson is pleased to offer to the market the Bridgestone located at 38-40 Mackley Street, Garbutt (Townsville) QLD for sale via Expressions of Interest.
This opportunity has the following key investment highlights:
+ Five (5) year head office lease to Bridgestone Corporation to December 2027
+ One (1) further five (5) year option to December 2032
+ Bridgestone Corporation: Australia’s largest tyre retailer with 340+ stores nationally, market cap of AUD $42.6 billion & wholly owned subsidiary of Tokyo listed Bridgestone Corporation
+ Landlord favourable annual CPI reviews
+ Highly desirable net lease terms with the tenant paying all usual outgoings as per lease including repairs & maintenance
+ Expansive 4,100sqm* industrial site with full drive around site capabilities
+ Impressive 1,562sqm* NLA facility with an additional 200sqm* of high clearance awning
+ Attractive low site coverage allowing for a multitude of future end users (STCA)
+ Situated within close proximity to major carriageways and B-double routes with seamless integration with Dalrymple Road, a key connection roadway interconnecting the Bruce Highway & Garbutt industrial precinct
+ Centrally located in the Garbutt industrial precinct, situated within immediate proximity of national retailers including Coates Hire, Supercheap Auto, Sydney Tools, Dan Murphy’s & Bunnings
+ Townsville: economic capital of North Queensland with over $27 billion* in infrastructure projects underway and population forecast to grow by 54% by 2041^
+ Net Income: $205,500 pa* + GST
To be sold via Expressions of Interest
Closing 3pm AEST Tuesday 24 September 2024
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
This opportunity has the following key investment highlights:
+ Five (5) year head office lease to Bridgestone Corporation to December 2027
+ One (1) further five (5) year option to December 2032
+ Bridgestone Corporation: Australia’s largest tyre retailer with 340+ stores nationally, market cap of AUD $42.6 billion & wholly owned subsidiary of Tokyo listed Bridgestone Corporation
+ Landlord favourable annual CPI reviews
+ Highly desirable net lease terms with the tenant paying all usual outgoings as per lease including repairs & maintenance
+ Expansive 4,100sqm* industrial site with full drive around site capabilities
+ Impressive 1,562sqm* NLA facility with an additional 200sqm* of high clearance awning
+ Attractive low site coverage allowing for a multitude of future end users (STCA)
+ Situated within close proximity to major carriageways and B-double routes with seamless integration with Dalrymple Road, a key connection roadway interconnecting the Bruce Highway & Garbutt industrial precinct
+ Centrally located in the Garbutt industrial precinct, situated within immediate proximity of national retailers including Coates Hire, Supercheap Auto, Sydney Tools, Dan Murphy’s & Bunnings
+ Townsville: economic capital of North Queensland with over $27 billion* in infrastructure projects underway and population forecast to grow by 54% by 2041^
+ Net Income: $205,500 pa* + GST
To be sold via Expressions of Interest
Closing 3pm AEST Tuesday 24 September 2024
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
Property ID: 504670652Last Updated: 22 Aug 2024
Burgess Rawson Townsville - TOWNSVILLE CITYGround Floor, 61-73 Sturt Street
TOWNSVILLE CITY, QLD 4810
TOWNSVILLE CITY, QLD 4810
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