Unit 2, 42 Carmel Street,
Garbutt, QLD 4814

This modern tilt slab warehouse is part of a six unit complex that was built in the year 2000 and is now available for immediate Sale as a great investment. Unit 2 is a 121m2 warehouse and is for sale with a 3 Year Lease in place for $22,757 Net plus GST to Kone Elevators. This means you can buy your own warehouse as an investment with close to an 8% Net Return for only $305,000.

It is a high clearance warehouse with a large automatic roller door plus two large and neat offices along with a disabled toilet, shower and kitchenette. The complex has been well looked after and this warehouse would suit an investor looking for a stable return for the future. The current tenant Kone Elevators have been in the complex for many years and recently signed a new 3 Year Lease.

Unit 2 is available for sale for only $305,000 which is a great return on the current net income. To arrange an inspection contact Shaun McLaren at Colliers International today.