CBRE is pleased to offer for the first time to market for sale via Expressions of Interest, 347 Lytton Road, Morningside. The property represents a rare opportunity to secure a substantial land holding within one of the most highly sought after industrial suburbs of South-East Queensland. Morningside is one of the most tightly held industrial suburbs offering easy access to the Port of Brisbane, Brisbane CBD and the major arterial networks servicing South-East Queensland.
This offering provides any astute investor or owner occupier endless opportunities to reposition or redevelop this substantial site. Some of the keys features of this site are:
• Land Area of approximately 48,814sqm*
• Building area of approximately 13,317sqm*
• Improvements comprise of office accommodation / warehouse / cold storage
• Two street access (Lytton Road & Barwon Street)
• Fully fenced and secured site
• Secured income until 30th June 2020 plus options
• Annual income of $1,500,000 + outgoings + GST (triple net lease)
• Ripe for repositioning or redevelopment
For Sale via Expressions of Interest closing Wednesday 27th February 2019 at 4pm.
For further information regarding this rare opportunity or to arrange your inspection, please contact the Exclusive Agents below.