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3 Prospect Place Berrinba, QLD 4117

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3 Prospect Place,
Berrinba, QLD 4117

Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Shops & Retail

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A PREMIUM INDUSTRIAL INVESTMENT WITH NEW NATIONAL LESSEE

Now fully leased to Endeavour Industries, a NSW based healthcare equipment provider. The property is a first class corporate development with extensive on site parking and truck turning facilities. Construction is secure tilt concrete panel with a modern attractive office façade and excellent exposure to up to 40,000 cars per day. Quality office space over two levels with fitout including air conditioning, carpet, ceilings, and lights, with high quality staff amenities on both levels as standard. Clearspan Warehouse has a minimum 7.25m clearance and three container height electric roller shutters. Berrinba is stage 1 of a new industrial subdivision at the intersection of Wembley Rd & Pagewood St, right next to the Logan Motorway and a short distance from Logan Central.

LAND AREA: 2,819 m2 approx
BUILDING AREA: 1,590 m2 including 420m2 of offices over two levels approx
RENTAL: $216,000 npa plus gst
NEW SALE PRICE: $2,787,000 (no gst payable)
YIELD: 7.75%
TENANT: Endeavour Industries Pty Ltd
ZONING: MIBA with warehouse and ancillary office use approved
TERMS: 3 years + 3 option
REVIEWS: CPI pa min 2.5% max 4%
OUTGOINGS: by Lessee in land tax

NOTE: Prices may vary without notice. Areas shown are Gross Building Areas pm2 as per plans and approvals.

Industrial Development Group
PO BOX 64 WAVELL HEIGHTS QLD 4012
Mob: 0418730530 Ph: 07386245... Fax: 0738624545
email: garry@idgroup.net.au web: www.idgroup.net.au
idg Projects Pty Ltd trading as Industrial Development Group a part of the GM group of companies

Property ID: 5796353Last Updated: 5 Dec 2013

07 3862 45...
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3 Prospect Place
Berrinba, QLD 4117
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