LARGE-SCALE INDUSTRIAL INVESTMENT WITH ESTABLISHED INCOME AND VALUE-ADD POTENTIAL
A rare opportunity to acquire one of Rockhampton's most substantial industrial investment holdings, strategically positioned within the tightly held Kawana industrial precinct. Comprising a significant 2.79-hectare landholding* and anchored by a diverse mix of established national, international and local tenants, this asset offers secure income today with considerable future upside.Investment Highlights
- Significant 2.79ha* Low Impact Industry landholding in a highly accessible North Rockhampton location
- Diverse multi-tenanted industrial asset leased to a strong tenant profile including:
* Sandvik - global engineering and mining technology leader
* Ergon Energy - major Queensland energy infrastructure provider
* JRT Group - established and respected regional operator
- Net passing income of approximately $517,000 per annum*
- Approximate net lettable area under roof of 4,220sqm* across four standalone industrial buildings
- Functional mix of office accommodation, workshop and warehouse facilities, together with extensive hardstand areas
- Expansive site dimensions featuring approximately 100 metres* of frontage and 268 metres* of depth
- Excellent vehicle access and connectivity via Richardson Road, Alexandra Street and Glenmore Road/Hollingsworth Street
- Potential to enhance rental income and unlock additional value through strategic refurbishment and repositioning initiatives (STCA)
Large-format industrial assets of this scale and prominence are seldom offered to the market in Rockhampton. The property's strategic location, diversified income stream and substantial underlying landholding provide investors with a compelling combination of income security, future flexibility and long-term growth potential.
With strong tenant covenant strength, excellent accessibility and clear value-add opportunities, 197-207 Richardson Road represents a landmark industrial investment within one of Central Queensland's most established industrial precincts.
Contact Jonathon Offord from Elders Commercial Rockhampton for a copy of the Information Memorandum.
Features
General Features
- Land Area: 2.8 hect
- Commercial Type: Industrial/Warehouse
- Building Area: 4,220sqm
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