10 Vennard Street, Garbutt, QLD 4814

Industrial

Sold

  • Property ID: 443175
  • Floor Area: 490m²
  • Land Area: 1000m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 09/05/2024 490m2 1000m2 Contact Agent
Secure Tenanted Investment - Industrial Warehouse

This 490m2 industrial warehouse is being offered to the market with an established long-term tenant.

Situated in the heart of Garbutt, this 1000m2 medium impact industry lot allows for a multitude of uses.

The property features air conditioned offices/ staff amenities and high clearance, clear span warehouse with 3 phase power and access via wide electric roller shutters and offers a secure concrete hardstand.

• Office area: 47m2
• Warehouse area: 443m2
• NLA: 490m2
• Land area: 1,000m2
• Zoned: Medium impact industry
• Rental $63,500 pa net plus GST
• Lessee pays 100% outgoings
• Lease commencement: 1 April 2024
• Term: 3 years plus 3 year option

10 Vennard Street is being offerred to the market via offers to purchase.

Garbutt Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $2017 $256 12.67%
Industrial $2171 $196 9.02%
Retail --- $252 ---
This is the average advertised price, rent and yield for Garbutt, QLD 4814*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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