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CG Property Group

65 Spine Street Sumner, QLD 4074

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65 Spine Street,
Sumner, QLD 4074

Warehouse, Factory & Industrial • Offices

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CG Property Group
Ben Hyne
Mark Gilbride

CG Property Group

3 Latrobe Terrace
PADDINGTON, QLD 4064
CG Property Group
65 Spine Street
Sumner, QLD 4074

Map of 65 Spine Street

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Prime Investment leased to National Covenant

  • 1,105sqm* Total building area
  • 2,024sqm* Land holding
  • New 5-year term
CG Property is excited to present a blue-chip investment opportunity located in one of Brisbane's most tightly held Industrial precincts.

65 Spine Street, Sumner has been the home to long term national tenant Hayman’s Electrical for over 35+ years.

This unique investment offers the following key features:

· 1,105sqm* Total building area with extensive fit-out for trade retail
· 2,024sqm* Land holding with extensive external improvements
· Regular shaped flood free site
· New 5-year term which commenced April 2023 to national covenant Haymans Electrical a subsidiary of MML Holdings backed US parent company
· Annual Income $175,665 + outgoings + GST true net
· Favourable review structure of CPI

This opportunity in the fringe suburb of Sumner Park is being offered for sale via Expressions of Interest closing Wednesday, 2nd August 2023 at 4:00pm.

For further information, please contact the Exclusive Agents Ben Hyne and Mark Gilbride from CG Property.

Property ID: 504366724Last Updated: 28 Nov 2023

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