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221 Westphalen Drive, Riverview, QLD, 4303

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221 Westphalen Drive, Riverview, QLD, 4303

Riverview

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221 Westphalen Drive, Riverview, QLD, 4303
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221 Westphalen Drive, Riverview, QLD, 4303

221 Westphalen Drive, Riverview, QLD, 4303

Properties / Buy / Queensland / Riverview
Development Potential
Property Type
Industrial
Sub Type
Land Site
Land Area
min - 32,000, max - 53,420
LGA
Ipswich City
Selling Method
For Sale: Contact Agent
Show All
Industrial Outdoor Storage Investment Underpinned by Market Leader
  • Long-term secure income (4.4yr WALE)
  • Annual income of $885,600 net pa
  • Exceptional yielding land bank

Modus Property Group in conjunction with CG Property Group are pleased to present 221 Westphalen Drive, Riverview, to the market for sale.

Located within the highly successful Westview Industrial Estate, this scalable and fully leased hardstand investment comprises the following key features:

  • Elevated, regular shaped site of 53,420sqm* (gross) with substantial improvements
  • Secure income stream to a market leading national covenant – Atlan Stormwater
  • WALE of 4.4 years
  • Net usable area of 32,000sqm*
  • Annual income of $885,600 net pa, reflecting a rental rate of $27.68/sqm, providing exceptional long term income growth
  • Attractive annual review structure of 3.5% or CPI (greater of)
  • Surrounded by national and global occupiers such as Australia Post, Capral Aluminium and Costco
  • The location offers strategic access to national transport routes, including the Warrego, Ipswich, Logan, Centenary and Cunningham highways
  • An elevated estate above current flood levels, with immediate connectivity to the Warrego Highway

For Further information or to arrange an inspection, please contact the Exclusive Agents at Modus Property Group or CG Property Group today.

*Approx.

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Development Potential

221 Westphalen Drive Development Site Summary

Property Type
Industrial
Sub-type
Land Site
Land Area
min - 32,000, max - 53,420
LGA
Ipswich City
Selling method
For Sale: Contact Agent

Development Site Highlights

Industrial Outdoor Storage Investment Underpinned by Market Leader
  • Long-term secure income (4.4yr WALE)
  • Annual income of $885,600 net pa
  • Exceptional yielding land bank

Modus Property Group in conjunction with CG Property Group are pleased to present 221 Westphalen Drive, Riverview, to the market for sale.

Located within the highly successful Westview Industrial Estate, this scalable and fully leased hardstand investment comprises the following key features:

  • Elevated, regular shaped site of 53,420sqm* (gross) with substantial improvements
  • Secure income stream to a market leading national covenant – Atlan Stormwater
  • WALE of 4.4 years
  • Net usable area of 32,000sqm*
  • Annual income of $885,600 net pa, reflecting a rental rate of $27.68/sqm, providing exceptional long term income growth
  • Attractive annual review structure of 3.5% or CPI (greater of)
  • Surrounded by national and global occupiers such as Australia Post, Capral Aluminium and Costco
  • The location offers strategic access to national transport routes, including the Warrego, Ipswich, Logan, Centenary and Cunningham highways
  • An elevated estate above current flood levels, with immediate connectivity to the Warrego Highway

For Further information or to arrange an inspection, please contact the Exclusive Agents at Modus Property Group or CG Property Group today.

*Approx.

Read More
Development Potential
Freddie Donne
Freddie Donne
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+61 408 090 415 [email protected] Message
David Gibson
David Gibson
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+61 431 119 602 [email protected] Message
Ben Hyne
Ben Hyne
+61 *** *** *** show +61 420 906 461
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+61 420 906 461 [email protected] Message
Mark Gilbride
Mark Gilbride
+61 *** *** *** show +61 410 985 573
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+61 410 985 573 [email protected] Message
Freddie Donne
Freddie Donne
+61 *** *** *** show +61 408 090 415
Message Message
+61 408 090 415 [email protected] Message
David Gibson
David Gibson
+61 *** *** *** show +61 431 119 602
Message Message
+61 431 119 602 [email protected] Message
Ben Hyne
Ben Hyne
+61 *** *** *** show +61 420 906 461
Message Message
+61 420 906 461 [email protected] Message
Mark Gilbride
Mark Gilbride
+61 *** *** *** show +61 410 985 573
Message Message
+61 410 985 573 [email protected] Message

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221 Westphalen Drive, Riverview, QLD, 4303

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Property Location of 221 Westphalen Drive, Riverview, QLD, 4303

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221 Westphalen Drive, Riverview, QLD, 4303 Riverview
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Modus Property Group
Modus Property Group
8/9 Longland Street, Newstead QLD 4006
Freddie Donne
Freddie Donne
+61 *** *** *** show +61 408 090 415
David Gibson
David Gibson
+61 *** *** *** show +61 431 119 602
CG Property Group
CG Property Group
3, Latrobe Terrace, Paddington, Brisbane City, Queensland, Australia, 4064
Ben Hyne
Ben Hyne
+61 *** *** *** show +61 420 906 461
Mark Gilbride
Mark Gilbride
+61 *** *** *** show +61 410 985 573
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