Brisbane Industrial Property

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Category: Tingalpa

SOLD: 282 New Cleveland Road. Tingalpa

Freestanding Tingalpa Investment Sold with Brand New 5 Year Lease

In a transaction negotiated by Stephen Ferguson and David Highman of Ray White Industrial Milton, this property was sold to a private interstate investor.

The desire for investment property is strong within the market at present, and this property yielded a good deal of interest owing to a quality long-term tenant and a new five year lease.

Features Included:

  • Brand new 5 year lease to Unison Joints.
  • Situated on 916sqm,
  • General Industry Zoning, with a modern stand-alone concrete tilt slab building.
  • Comprising office-warehouse or showroom of approximately 572sqm.
  • 372sqm of warehouse
  • 200sqm of office over two levels

For more information regarding this transaction, or discuss your commercial/industrial property needs, please call our office of (07) 3331 5444 or visit www.raywhiteindustrialmilton.com

 

 

 

SOLD – 20 Proprietary Street Tingalpa

TradeCoast Investment Sale

 

Ray White Industrial Milton was pleased to offer for sale this older style building located in a tightly held industrial precinct. The property boasted a 10 year lease with the initial term expiring 31st March 2021 to a strong local business. The 1667m2 freestanding building in popular Tingalpa comprised of a 222m2, 1206m2 and a 239m2 storage mezzanine.

SALES ANALYSIS
Land Area 2331m²*
Floor Area 1667m²*
Sale Method Offers to Purchase
Sale Date 31st Oct 2016
Sale Price $2,080,000
Tenure Type Tenanted Investment
Zoning IN2 Industry

*approximately

The property was offered for sale in an off-market campaign which yielded three individual offers. It was ultimately sold by Stephen Ferguson to a private investor. Ray White Industrial Milton now manages the property for the new vendor.

To discuss this property or any other commercial or industrial real estate needs, please contact us on (07) 3331 5444 or at raywhiteindustrialmilton.com