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Sold in Oct 2024

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SHARP INVESTMENT WITH 7.5% NET RETURN

25 Turbo Drive, COORPAROO, QLD, 4151


  • 2842 sqm
  • 2391 sqm
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Sold

SHARP INVESTMENT WITH 7.5% NET RETURN

25 Turbo Drive, COORPAROO, QLD, 4151


  • 2842   sqm
  • 2391 sqm

SHARP INVESTMENT WITH 7.5% NET RETURN

Property ID: L5099108 |

  • 2842 sqm
  • 2391 sqm

"25 Turbo Drive Coorparoo is a prime commercial/ industrial investment property site, located in one of the few remaining industrial precincts near the Brisbane CBD. Benefitting from excellent linkages to the major transport routes and close proximity to the city, this high quality property offers a secure income stream and potential for underlying capital growth.

This significant key features of 25 Turbo Drive Coorparoo are summarised as:

• Long term lease to well established business returning $528,750 ex GST net per annum
• Attractive annual reviews and solid security offered
• Whole of property lease with opportunity to fine tune
• Property is located in a key near CBD industrial/ commercial location
• Modern concrete tilt panel building in first rate condition
• Significant deprecation benefits available
• 2,842 m
² of prime near CBD urban land
• Property benefits proximate linkages to major road connections via the Clem 7 Tunnel, Pacific Motorway, Gateway Expressway
• Convenient public transport options for staff with the Coorparoo train station and the Eastern Busway Langlands Park station.

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Sold in Oct 2024