44-56 Potassium Street, Narangba, QLD 4504

Industrial

For Sale Contact Agent

  • Property ID: 394071
  • Floor Area: 9556m²
  • Land Area: 24000m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Core Industrial Asset with Significant Upside

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
*approx.
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.

Narangba Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $10286 $555 5.40%
Offices $10286 $401 3.90%
Industrial --- $130 ---
This is the average advertised price, rent and yield for Narangba, QLD 4504*

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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