Brisbane container storage facility with lease back sells on 6.15% yeild

140 Anton Road, Hemmant

Hardstand-lease-sale-brisbane-metro

Description

Brisbane container storage facility with lease back sells on 6.15% yeild

Sold

August, 2022. A 22,000 sqm hardstand development site with limestome base, leased to a container storage company ABC containers for $879,000 per pa approx or about $40 per sqm per annum.

The site was sold for $14.3M which represented an initial yeild of 6.15% per annum and $650 per sqm approx for the land. The property was purchased by RF Corval fund managers. The property was fenced and was to be fitted with CCTV. The property is located opposite the new Crossbank Industrial Estate being developed by Dexus    Further details Rob Stanley-Turner 041898200 or rob@boxcom.com.au

 

Disclaimer:
All areas and figures are approximate only. All reasonable steps have been taken to ensure the accuracy of this information, but this does not constitute any representation by us as the vendor’s agent and is provided as a guide only. Purchasers are advised to rely on their own investigations sourced from the vendors records direct or statutory register such as land titles etc. Box Commercial did not sell this property and is offered simply to provide market evidence for our clients and customers.

 

Location

Tags

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Agent Details

Robert Stanley-Turner

Director

Location

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