Crew Commercial are pleased to present 5, 19 & 20 Priority Street, Wacol to the market For Sale, via Expressions of Interest.
Comprising of 3 fully leased, separately titled freehold assets, located in the heart of Wacol’s industrial precinct, being offer for sale individually or combined.
Key property features include:
* 5 Priority Street consists of 2,045sqm building area situated on 4,211sqm site
* 19 Priority Street benefits from 1,588sqm of improvements situated on 4,810sqm site
* 20 Priority Street includes 1,122sqm of building area on 3,816sqm site
* Each property benefiting from General Industry C (IN3) 24/7 use
* Large 3 phase power with Pad Mounted Transformers across each lot
* All 3 sites offer a prime flat flood free position within the core industrial location
* Offering low site cover facilities providing for excellent truck access, generous hardstand set-down and future redevelopment upside potential
The Investment:
* Annual income ranging between $123,826pa net – $215,766pa net + GST
* Tenant pays 100% of the outgoings across all three sites
* All three leases have a lease expiry at 15/12/2026, with no further options.
* All three properties are currently leased to the one longstanding tenant, which have recently taken up their option for a further 3 years of term.
For Sale via Expressions of Interest, closing 4pm, 7th December 2023.
To request the full information memorandum, or to arrange an onsite inspection, please contact the Exclusive agents at Crew Commercial.