Industrial/Warehouse for Sale

3/16-18 Gurney Street Garbutt, QLD 4814

$895,000Play Video
  • Building/Land: 436m²

Contact the agent if you'd like further information.

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Industrial/Warehouse for Sale in Garbutt

High clearance warehouse unit configured as two tenancies

  • Building/Land: 436m²

16-18 Gurney Street, Garbutt, is a well-presented industrial warehouse complex comprising three lots.

RWC Townsville is pleased to offer Lot 3 for sale at $895,000.

Features include:

  • Floor area: 436 sqm
  • Configured as two self-contained tenancies of approximately 218 sqm each
  • 2 x 4.5m high and 4.5m wide electric roller doors
  • Tilt panel construction
  • Each tenancy includes a dedicated bathroom
  • Constructed in 2007 by award-winning builder McDonald Constructions
  • 4 allocated undercover car parks

The current tenancy status of each unit is:

Unit A: Leased to Schimke Diesel Services
• Rental: $37,440 per year + GST
• Lease term: Expires 09/02/2027
• 1-year option

Unit B: Leased to Elite Performance Mechanical
• Rental: $38,400 per year + GST
• Lease term: Expires 30/09/2026
• No options to renew

Unit B would be suitable for an owner-occupier or alternatively could be easily re-let.

Sale: $895,000 (no GST).

Contact RWC Townsville to arrange an inspection.

Building:

436m²

Land:

436m² / 0.11 acres

Zone:

Medium Impact Industry

Tenancy:

Vacant

Investment Information

Tenancy Status:

Fully Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

3/16-18 Gurney Street, Garbutt, QLD 4814
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