Lot 2, 209 Leitchs Road,
Brendale, QLD 4500
Warehouse, Factory & Industrial
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Modus Property Group
8/9 Longland StreetNEWSTEAD, QLD 4006
Lot 2, 209 Leitchs Road
Brendale, QLD 4500
Map of Lot 2, 209 Leitchs Road
High-Tech Industrial Investment Opportunity
- 3,067sqm* of GFA on 4,183sqm* site
- Leased to Elexon Electronics
- Net passing income of $521,218* pa net
Modus Property Group is pleased to offer for sale an excellent opportunity to acquire a high quality, freestanding industrial building with a secure lease to a leading electronics manufacturer (Elexon Group).
Key Investment Highlights include:
- 3,067sqm* of GFA with high quality fit-out & adaptable building design
- Securely leased to Elexon Electronics a leading electronics manufacturer
- Situated on a prominent 4,183sqm corner allotment with 135m road frontage*
- Net passing income of $521,218* per annum net
- Outgoings 100% recoverable including land tax and property management
- 3.9* year WALE (as at Oct-23) with review to market at option
- Strong security in place and attractive annual review structure of Greater CPI or 3.5%
209 Leitchs Road is situated within the established industrial precinct of Brendale approx. 18 radial km north of the Brisbane CBD. The precinct is very well established and highly sought after due to its central Northside location, accessibility to key arterial roads including the Bruce Highway/Gateway Motorway and its proximity to a rapidly growing & highly skilled workforce estimated to be over $1m by 2041.
THIS PROPERTY IS UNDER-CONTRACT
*Approx.
Key Investment Highlights include:
- 3,067sqm* of GFA with high quality fit-out & adaptable building design
- Securely leased to Elexon Electronics a leading electronics manufacturer
- Situated on a prominent 4,183sqm corner allotment with 135m road frontage*
- Net passing income of $521,218* per annum net
- Outgoings 100% recoverable including land tax and property management
- 3.9* year WALE (as at Oct-23) with review to market at option
- Strong security in place and attractive annual review structure of Greater CPI or 3.5%
209 Leitchs Road is situated within the established industrial precinct of Brendale approx. 18 radial km north of the Brisbane CBD. The precinct is very well established and highly sought after due to its central Northside location, accessibility to key arterial roads including the Bruce Highway/Gateway Motorway and its proximity to a rapidly growing & highly skilled workforce estimated to be over $1m by 2041.
THIS PROPERTY IS UNDER-CONTRACT
*Approx.
Property ID: 504432132Last Updated: 20 Dec 2023
Modus Property Group8/9 Longland Street
NEWSTEAD, QLD 4006
NEWSTEAD, QLD 4006
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