49-55 Centenary Place, Logan Village QLD 4207Sold
VALUE ADD : 7% NET PRICE GUIDE $3.42M : 2.5 YEAR MIN TERM IN PLACE
Industrial/Warehouse Sold - Logan Village QLD
This strategic Investment opportunity is in the heart of a new major growth corridor of Logan Village + Yarrabilba. Exceptionally well presented as new Office / Warehouse on very substantial hardstand.
– $240,000 Net Return – Major Steel Manufacturer
– Tenant pays all outgoings including land tax
– 5,774m2 Site Area (2 lots 1,560m2 + 4,214m2)
– 864m2* Building comprising 650m2 Full Height Warehouse, 216m2 Executive offices
– 6 Full Height Roller Doors, Spray Booth, Workshop with bays, Specialised Wash Bay
– Logan Village / Yarrabilba high growth zone
– Tenant also leases adjacent site (#45-47 / 3,915m2 @ $2,400/month not included in this purchase).
POTENTIAL: INVEST NOW / OWNER OCCUPY LATER
The tenants are planning a future complex to be completed (2+ years away), presenting the opportunity to invest now, and owner occupy at a later date or keep as an investment.
PRICE GUIDE: $3.428M
* Areas approximate
- Land is 5,774 m²
- Floor Area is 864 m²