$665,000

3 / 18 Prospect Place, Berrinba QLD 4117

$665,000

3 / 18 Prospect Place, Berrinba QLD 4117

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Commercial Warehouse and Office

The quality of this property and its size is very rare and unique in this booming commercial corridor.

Berrinba is fast becoming a very attractive commercial area for businesses of all sizes. Due to its strategic location and close proximity to all major arterials, Berrinba has established itself as a central business hub to the Brisbane, Logan, Gold Coast and Ipswich areas.

This unit is only 2 mins from the Logan Motorway and Wembley Road interchange which is scheduled to benefit from a major road upgrade improving access to all areas of Brisbane. The Port of Brisbane is only 30min drive, Airport 35min and CBD 25min. See attached document.

Surrounding business include Toll / NQX, Stoddart Manufacturing and Atco Structures & Logistics.

With a long term quality tenant in place on a 5+5 year lease agreement, this commercial property is an ideal investment. Currently returning $46,044 plus GST and Outgoings with a CPI or minimum 3.0% increase May 2018. There is a 5 year option starting May 2019 with lease rates being reviewed to market. Property will be sold as a "Going Concern" and is not subject to GST.

Property Attributes:

* 201m2 (approx) office/boardroom on two levels and remaining 200m2 (approx) of warehouse all council approved
* Located in Berrinba commercial precinct
* Security alarm in place plus remote security gate
* 4 allocated car parks complimented by additional common area car parking
* Outgoings limited to body corporate and council rates
* Fantastic truck access
* Air conditioned offices and showroom over two levels
* Excellent internal height
* Office has suspended ceiling
* 3 phase power
* Own internal amenities including 2 bathrooms
* Phone and data cabling

Location

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