Andersens National Distribution Centre | Whole of Land Lease

Ray White Retail are proud to present 29 Western Drive, Gatton QLD. For sale by Auction on Friday 13th November, 9:45am (AEST) at Level 26, 111 Eagle Street, Brisbane City.

|What|
• Set & forget national distribution centre, also leased as the Andersens head office
• 2,525sqm* building on a 6,577sqm* landholding with 215m* of frontage to Western Drive
• Brand new 5 year lease plus 2 x 3 year option
• Secure net lease, set & forget, with all outgoings recoverable including land tax and management fees
• Net Income of $365,000 + GST p.a.

|Where|
• 75km* west of the Brisbane CBD in the Lockyer Valley, a region of more than 41,000 people
• 6.4km* to the Warrego Highway, the main freight route between Brisbane, Toowoomba and western Queensland
• 1.1km* from the Gatton town centre, positioned in the Western Drive trade and large format precinct

|Why|
• The national distribution centre supplying all 54 Andersens showrooms across Australia
• Leased directly to the Andersens franchisor, a true head office lease
• Founded in Gatton in 1958 and on this site since 1992, a 34 year tenure
• Only 38% site coverage on industry zoned land leaves room to expand
• 6.5m* warehouse clearance gives flexibility for all industrial and distribution users

*Approximately

Inspections

Auction

Friday, 13 November Starts 9:45 AM Level 26, 111 Eagle Street, Brisbane QLD 4000

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