Cushman & Wakefield are pleased to present to the market for Sale via Expressions of Interest 44-56 Potassium Street, Narangba.
Situated on Potassium Street the subject property is a unique opportunity to purchase a 2.40ha site with investment or occupier potential in Brisbane’s most sought after industrial precinct.
The subject property features:
• Two leases in place to well established business’
• Returning $567,146pa net + Outgoings + GST
• 24,020sqm* of industrial land, zoned general industry
• Total building area of 9,556sqm*
• Two cross over access between Radon Street and Neon Street
The opportunity exists for investors and owner occupiers to capitalise on;
• Undermarked current rental rates
• Lowest industrial vacancy rates seen in Brisbane
• Ability to reset existing tenants on longer term leases
• Primed for reposition with minimal Capex spend
• Significant rental uplift available
44-56 Potassium Street will be offered for sale via Expressions on Interest Closing 29th July 2021.
For further information or to arrange an onsite inspection, please contact Exclusive Agents Cushman & Wakefield on the details below.