23-25 Hamill Street, Garbutt, QLD 4814

Investment | Industrial

Sold $670,000

  • Property ID: 301060
  • Floor Area: 807m²
  • Land Area: 2684m²
  • NBN Availability: Service Available
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 807m2 2684m2 N/A
Freestanding industrial compound

23-25 Hamill Street comprises a industrial compound leased to Ozram Hydraulic Services with a new 3 + 3 year lease in place as of 20 December 2018.
The total building area is approx. 807 square metres which includes:

-140 sqm of offices and amenities over two levels
-473 sqm main workshop
-127 sqm standalone shed
-67 sqm wash down bay

The land area is 2,684 sqm which was originally two blocks of 1,027 and 1,657 sqm.

Gross rent: $70,000 p.a.
Net income: $53,236 p.a.
Sale: $670,000

Contact Ray White Commercial to arrange an inspection.

Additional Information
Features
  • Zoning: Medium Impact Industry
Garbutt Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $2446 $204 8.35%
Retail --- $220 ---
Offices $1866 $235 12.60%
This is the average advertised price, rent and yield for Garbutt, QLD 4814*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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