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490-494 Nudgee Road, Hendra, Qld 4011

490-494 Nudgee Road, Hendra, Qld 4011

Industrial/Warehouse Other

  • For Sale
  • Contact Agent

IRREPLACEABLE DEVELOPMENT SITE WITH LONG TERM HOLDING INCOME

  • 17,523 sqm site
  • Over 7,500 sqm of existing improvements
  • Diversified income stream

  • Land Area
  • 1.75ha (4.33 acres) (approx)
  • Floor Area
  • 7,500 m²
  • Last Updated
  • Dec 30, 2019
  • Zoning
  • IN2 Industry (General Industry B)

Interested in this property? Contact an Agent today

Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street

Brisbane City Qld 4000

IRREPLACEABLE DEVELOPMENT SITE WITH LONG TERM HOLDING INCOME

On behalf of the owners, Cushman & Wakefield is pleased to exclusively present 490-494 Nudgee Road, Hendra to the market.

This irreplaceable development site with long term income offers the following key attributes:

• One of the largest freehold parcels adjacent to the Brisbane Airport providing huge growth potential
• 17,523sqm* site boasting, 124m* frontage to Nudgee Road and 146m* frontage to Airport Drive and East West Arterial (56,000+ cars passing daily)
• Over 7,500sqm* of existing improvements on site including office and warehouse accommodation
• Diversified income stream across three staggered lease expiries
• 67% of gross income is anchored by national tenant. Andrew’s Airport Parking - Australia’s largest airport parking network
• Net Income: $1,029,849/annum + GST
• Strategic position - Close to the Port of Brisbane, Hamilton Northshore PDA and the Brisbane Airport Second Runway Development

*approx

For further information please contact the Exclusive Agents at Cushman & Wakefield.

490-494 Nudgee Road, Hendra, Qld 4011

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