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Sold in Oct 2024

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Secure Tenant on Long Term Lease

60-76 Potassium Street, NARANGBA, QLD, 4504


  • 30610 sqm
  • 11658 sqm
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Sold

Secure Tenant on Long Term Lease

60-76 Potassium Street, NARANGBA, QLD, 4504


  • 30610   sqm
  • 11658 sqm

Secure Tenant on Long Term Lease

Property ID: L5100997 |

  • 30610 sqm
  • 11658 sqm

"Dugan & Co are proud to offer the investment opportunity to secure an international tenant on a land mark site. Combined, these properties offer a total land area of more than 50,000sqm and building area in excess of 20,000sqm. Both assets are leased to the same international tenant, Accensi Pty Ltd, a subsidiary of CK Life Sciences.

The Narangba holding, occupying some 30,610sqm of prime industrial land has been developed specifically for Accensi Pty Ltd and houses their Queensland manufacturing and distribution centre.

Key features include:
- 11,658sqm of GFA across multiple buildings
- Extensive tenant infrastructure including substantial water treatment systems
- More than 359m of corner frontage
- Leased to long term tenant Accensi Pty Ltd, a subsidiary of Hong Kong listed CK Life Sciences (HK:0775)
- Returning $1,084,361 net per annum excluding GST
- Lease expiry 2023 with options.

For further information or to arrange an inspection please contact Dugan & Co.

*Approximately"

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Sold in Oct 2024