12 Industrial Avenue, Molendinar, QLD 4214

Industrial

For Sale Contact Agent

  • Property ID: 316737
  • Floor Area: 7192m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
NATIONWIDE TOWING & TRANSPORT OPPORTUNITY - QUEENSLAND

CBRE is pleased to offer the Nationwide Towing & Transport Portfolio to market, featuring four Industrial assets across Australia, in major capital cities located at:
• 10 Ashburn Place, Blackburn, VIC
• 7 Tollis Place, Seven Hills, NSW
• 12 Industrial Avenue, Molendinar, QLD
• 42 & 44 Lancaster Road, Wangara, WA
PORTFOLIO SUMMARY
- 100% leased to Nationwide Towing & Transport Pty Ltd
- Quality covenant, being majority owned by RACV
- Portfolio Income $901,160 p.a net*
- Portfolio WALE of 3.9 years
- Strong annual increases to the greater of CPI or 4.0%
- Portfolio GLA of 6,477 sqm
- Portfolio Site Area of 16,742 sqm*
- The portfolio is available separately or in one line
PROPERTY SUMMARY
- GLA: 1,673 sqm
- Site Area: 7,192 sqm
- Income: $234,000 p.a net
- Lease Term: 5 years
- Commencement Date: 13 September 2017
- WALE: 3.9 years (as at 1 November 2018)
- Options: 2 x 2 years
- Greater of CPI and Annual 4.0% increases
LOCATION
- Approximately 4 kms south west of the Southport CBD
- Established central Gold Coast Industrial Precinct
- Surrounding occupiers include Chemist Warehouse, JJ Richards, Viadux, Highgrove Bathrooms
- Excellent connectivity to surrounding arterial roads
Expressions of Interest closing Thursday 6th December at 3:00pm (AEDT).
*Approx

Molendinar Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $115 ---
Offices $1422 $111 7.77%
Industrial $2140 $137 6.39%
This is the average advertised price, rent and yield for Molendinar, QLD 4214*
* 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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