34 Kelliher Road, Darra

For Sale
QLD
> Centenary Highway exposure
> Great internal height
> 10 year lease to Optus

IMMEDIATE 10% RETURN ON INVESTMENT

Quality Office/Warehosue situated approximately 14 kilometres from the CBD, 34 Kelliher Road benefits from outstanding exposure to the Centenary Highway. The property is also located within close proximity to Boundary Road, and the Logan and Ipswich Motorways. This unique asset is presented to the market with a combined total income of $186,270 P.A. Sold via Expressions of Interest closing Thursday, 19 September at 4pm (AEST). Key property features include:
– 6 month lease back to long-term occupant returning $152,280 P.A. + Outgoings + GST
– Lease in place to Optus for rooftop telecommunications tower returning $33,990 P.A. + GST with 3% annual increases and lease expiry in 2028
– 1,029sqm* of clearspan warehouse
– 240sqm* of air-conditioned office over two levels
– 2,002sqm* of freehold land
– IN2 General Industry B zoning
– 10m* internal warehouse height
– Access via 6.5m wide container height electric roller door
– Dual crossover with great truck access
– 6 onsite car parks
– Modern concrete construction
* Approx.

SIZE: 1,269sqm
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Jack McCormack

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