490-494 Nudgee Road,
Hendra, QLD 4011

Warehouse, Factory & Industrial • Other

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IRREPLACEABLE DEVELOPMENT SITE WITH LONG TERM HOLDING INCOME

17,523 sqm site
Over 7,500 sqm of existing improvements
Diversified income stream

On behalf of the owners, Cushman & Wakefield is pleased to exclusively present 490-494 Nudgee Road, Hendra to the market.

This irreplaceable development site with long term income offers the following key attributes:

• One of the largest freehold parcels adjacent to the Brisbane Airport providing huge growth potential
• 17,523sqm* site boasting, 124m* frontage to Nudgee Road and 146m* frontage to Airport Drive and East West Arterial (56,000+ cars passing daily)
• Over 7,500sqm* of existing improvements on site including office and warehouse accommodation
• Diversified income stream across three staggered lease expiries
• 67% of gross income is anchored by national tenant. Andrew’s Airport Parking - Australia’s largest airport parking network
• Net Income: $1,029,849/annum + GST
• Strategic position - Close to the Port of Brisbane, Hamilton Northshore PDA and the Brisbane Airport Second Runway Development

*approx

For further information please contact the Exclusive Agents at Cushman & Wakefield.

Property ID: 503346470Last Updated: 29 Mar 2020

07 3852 22...