330-334 Woolcock Street,
Garbutt, QLD 4814

Warehouse, Factory & Industrial • Showrooms & Large Format Retail

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8.5% Net Return Industrial Investment Leased to a National Tenant

National Tenant with Secure Lease
8.5% Net Return
3.4 Year WALE

Colliers International are pleased to offer for sale this impressive industrial warehouse/distribution centre leased by Metcash at 330-334 Bayswater Road, Garbutt.

Featuring:

- High profile exposure to Townsville's main arterial road - Woolcock Street
- Combined building area of 3,368m² with warehouse component of 3,085m²
- Covered awning and parking/loading area of 814m²
- Net rental of $396,451 pa (ex land tax)
- Fixed annual increases of 3% pa - next review in March 2021
- Long standing tenant - Metcash has been in occupancy since 1999

For further details or to arrange an inspection, please contact Colliers International today.

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Property ID: 503707574Last Updated: 1 Mar 2021

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