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Sold in Oct 2024

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Prime Investment on Eagle Farm/Pinkenba border

16/50 Parker Court, PINKENBA, QLD, 4008


  • 7000 sqm
  • 3731 sqm
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Prime Investment on Eagle Farm/Pinkenba border

16/50 Parker Court, PINKENBA, QLD, 4008


  • 7000   sqm
  • 3731 sqm

Prime Investment on Eagle Farm/Pinkenba border

Property ID: L5106521 |

  • 7000 sqm
  • 3731 sqm

"Dugan & Co are pleased to present to the market a rare opportunity to purchase a wholly leased investment in the tightly held Eagle Farm/Pinkenba precinct.

Returning $424,899.96* p.a. net income, the subject property has the following key attributes;

- 3,731sqm* total GFA
- 7,000sqm* total site area
- Leased to National Company established in 1961 - Valiant Hire (valiant.com.au)
- Long term Lease till December 2021 + 5 year option.
- Structured annual reviews to CPI or 3% whichever is the lesser.
- Modern building providing further depreciation benefits.

*approximately

The property is located just 8 radial kilometres from the CBD with direct access to the Gateway Motorway, Brisbane Airport, Port of Brisbane and also forms an integral part of the Australian TradeCoast Precinct.

For more information or to arrange in inspection, please contact Paul Dugan from Dugan & Co Property

"

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Sold in Oct 2024