Sold
39-45 Cessna Drive,
Caboolture 4510, Queensland
Price withheld
Property details
-
Agents
Diversified true net income of $536,362 from 11 tenants with built-in rental growth*
Ray White Commercial Northern Corridor Group are pleased to present 39-45 Cessna Drive, Caboolture for sale. Positioned within the tightly held Corporate Park industrial precinct, the property offers investors a substantial freehold asset supported by a diversified tenancy profile.
The fully leased asset comprises 3,178m² of Net Lettable Area across 13 tenancies occupied by 11 established tenants*, generating a net income of approximately $536,362 per annum* under a true net lease structure.
Situated on a prominent 6,438m² corner site* with direct access to Bribie Island Road and the Bruce Highway, the property benefits from excellent connectivity to the Moreton Bay, Sunshine Coast and North Brisbane markets. With rental levels currently considered below market benchmarks and a short 1.9-year WALE, the asset presents clear potential for future rental uplift and value creation.
Key Features:
• Net income of $536,362 per annum*
• Diversified income stream across 11 tenants and 13 tenancies
• 3,178m² NLA* on a substantial 6,438m² freehold landholding*
• Tenancy sizes from approximately 82m² to 642m²*
• Short 1.9-year WALE providing repositioning opportunity
• Prominent corner industrial site with strong access and exposure
For Sale via Offers to Purchase closing Thursday 23 April at 4:00pm (AEST).
*Approx.
The fully leased asset comprises 3,178m² of Net Lettable Area across 13 tenancies occupied by 11 established tenants*, generating a net income of approximately $536,362 per annum* under a true net lease structure.
Situated on a prominent 6,438m² corner site* with direct access to Bribie Island Road and the Bruce Highway, the property benefits from excellent connectivity to the Moreton Bay, Sunshine Coast and North Brisbane markets. With rental levels currently considered below market benchmarks and a short 1.9-year WALE, the asset presents clear potential for future rental uplift and value creation.
Key Features:
• Net income of $536,362 per annum*
• Diversified income stream across 11 tenants and 13 tenancies
• 3,178m² NLA* on a substantial 6,438m² freehold landholding*
• Tenancy sizes from approximately 82m² to 642m²*
• Short 1.9-year WALE providing repositioning opportunity
• Prominent corner industrial site with strong access and exposure
For Sale via Offers to Purchase closing Thursday 23 April at 4:00pm (AEST).
*Approx.
Explore the area
Find out how much home loan repayments will be
It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.
Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.
Photos
Floorplan
Contact Chris Massie
Contact Chris Massie
Chris Massie
39-45 Cessna Drive, Caboolture QLD 4510
Request a callback
Chris Massie
39-45 Cessna Drive, Caboolture QLD 4510