61-69 Croft Crescent,
Harristown, QLD 4350

- 4.38ha* Lot complimented by 13,818m2* in building area & structured as 4 leasehold sites
- Tenants include Optus, Oztec Manufacturing, PFD Food Services and Hutchinson Builders
- Combined annual income exceeding $570,000pa Nett+GST
- Ideally suits both the passive investor and the developer who requires upside due to value-add opportunities at hand
- Available now Lot 63 whole of site as is or Lot 63 reconfigured into 4 lots** or any individual combination**
- Inspections recommended to appreciate (by appointment)
- Detailed Information Memorandum on request

*approx.
**subject to council approval

"Expressions of Interest" Closing Thursday 15th November 2012

Additional Detail:-

61-69 Croft Crescent of approximately 10.8 Acres is located on Lot 63 within 7SD Business Park, Toowoomba and offered for sale by Receivers and Managers. This industrial multi-tenanted investment, which consists of almost 14,000 square metres in total building area, operates under 4 leases with annual Nett income exceeding $570,000 plus GST.
These leasehold sites, noting the sizes are approximate, can be described as:-
Site 1 8,378 square metres of levelled land tenanted in portion by Optus over 48 square metres;
Site 2 15,640 square metres which includes 6,979 square metre hanger tenanted by Toowoomba's Oztec Manufacturing
Site 3 8,050 square metres with custom built 300 square metres office and 1,885 square metres of warehouse occupied by National Tenant PFD Food Services;
Site 4 9,260 square metres featuring warehouses of 3,478 and 1,176 square metres is leased by Hutchinson Builders.
This extensive holding ideally suits both the passive investor and developer due to value-add opportunities at hand including development of Site 1, option to divide Lot 63 into a Community Title Scheme plus Lot 63 expansion through securing the adjoining developed lots or Lot 100 of 10.88Ha subject to council approvals.
61-69 Croft Crescent is available for sale by Expressions of Interest closing 4pm Thursday 15th November, 2012 as:-
1. Available now Whole site (Lot 63) as is; or
2. Whole site reconfigured into 4 lots (interest will be considered in individual lots); or
3. Any combination of individual lots
In addition, 7SD Business Park has developed industrial lots for sale which suits owner-occupiers wishing to secure smaller lot areas.
For a detailed Information Memorandum please contact Ray White Commercial Toowoomba.