Nine tenanted investments under the hammer in Windsor

INVESTORS have a wonderful opportunity to purchase high-quality commercial assets as nine tenanted investments head to auction on 01 April at 37 McDonald Road in Brisbane’s Windsor.

The properties are zoned light industrial and offer a mixture of both office and storage space ranging from 73sq m* up to 161sq m*.

The assets are being marketed and sold under the hammer by Ray White Commercial Milton Director David Highman and Sales and Leasing Executive Michael Manis.

“This really is an incredible opportunity. Never have we seen nine commercial investments of this calibre go to market at one time,” Mr Highman said.

“Benefitting from excellent connectivity by road, and only 550 metres* to the Albion Railway Station, the property is the closest industrial development to the CBD.

“The complex attracts a wide range of businesses including online retailers, creative industries, designers, medical, professional services, and consulting.

“All the hard work has been done by the vendor to secure nine new leases ranging from three to five-year terms plus options, and a tenant mix that includes local, national, and international companies.

“This presents a fantastic opportunity for experienced investors, self-managed super funds, and first-time commercial buyers to secure a high-quality investment with a fixed return and strong depreciation benefits.”

“This brand-new complex is conveniently located in Brisbane’s inner northern suburb of Windsor allowing great connectivity to all major arterials,” Mr Manis said.

“Just 3km from the CBD, it comprises 27 high-quality corporate offices, and high-tech tenancies, nine of which are going under the hammer, something that’s rarely seen.

“Each unit provides exclusive amenities including toilet and kitchenette with some tenancies also featuring a shower. They also benefit from excellent natural lighting.”

• Unit 6: Vivra – three-year lease term returning a net rental of $30,000 per annum plus GST
• Unit 8: Moviliti Dental Care – three-year lease term returning a net rental of $50,000 per annum plus GST
• Unit 12: Vsonomatic –three-year lease term returning a net rental of $32,000 per annum plus GST
• Unit 15: Geocue Australia – four-year lease term returning a net rental of $31,500 per annum plus GST
• Unit 18: Dahua Security – three-year lease term returning a net rental of $40,000 per annum plus GST
• Unit 21: Harron Custom Guitars – five-year lease term returning a net rental of $29,000 per annum plus GST
• Unit 22: Melinda Taylor Designer – three-year lease term returning a net rental of $25,000 per annum plus GST
• Unit 23: Ned Collections – three-year lease term returning a net rental of $36,500 per annum plus GST
• Unit 24: Colour Blocks Creative – three-year lease term returning a net rental of $33,000 per annum plus GST.