Ray White Commercial Townsville bring to the market this rare opportunity to secure a key industrial property of such quality and scale in Townsville.
121-125 Crocodile Crescent & 127-131 Crocodile Crescent are For Sale as a fully tenanted investment in one line or individually.
This property would suit an astute buyer looking for a quality investment of a modern industrial property. This is a set and forget property with little ongoing maintenance required.
Each of the buildings are designed as a mirror image and strategically located on the blocks to enable combining the two properties or leasing individually - as is the case currently.
The buildings offer:
- 10,998 m2 full concrete industrial strength hardstand
- Fully secured yard, currently divided with ability to open fence for easy B Double drive thru
- 4,490 sqm of high clearance clear-span warehouse
- Six electric shutters doors on each building 6m high x 5m wide
- Gantry Crane provisions in both buildings.
- Minimum Height 8.25 mtrs to Maximum 9.5 mtrs
- 150 sqm office space in each building including boardrooms, private offices, open plan work-areas, data/storerooms, Male/Female and PWD amenities, Kitchen and staffroom.
- Additional workshop amenities and staffroom
- All data and NBN in place
- Medium impact industrial zoning
The property is only minutes to the Bruce Highway and Townsville's Ring Road, and is approved for B-Double movements. Crocodile Crescent is designed specifically for heavy vehicles with a wide road network linked to Ingham Road.
The WALE is approx. 4 years with 5 year option renewal exercised starting 01 December 2021 for 5 years to Ironman 4 x 4.
Total Net Income $311,184 approx.
This is a quality, low maintenance industrial property. The owner is seeking offers to purchase now. Beat the low interest rate environment and secure this solid lifelong investment.
To arrange an inspection or to request information contact Ray White Commercial Townsville.
For more details, please email agent