18 Waurn Street
Kawana, QLD 4701

This prime industrial asset located at 18 Waurn Street in Kawana, Queensland, offers an exceptional investment opportunity within a rapidly evolving industrial precinct. The property comprises a substantial landholding of 4,043 square meters, presenting a significant footprint in one of Central Queensland's most sought-after industrial markets.

Currently 100% occupied by a reputable tenant, Cleanaway Pty Ltd, the site delivers immediate and reliable income with a net passing income of $135,000 per annum plus GST and outgoings. The existing lease agreement, which concludes in June 2028 with an option for a further three years, provides a secure income stream and underpins the asset's strong performance.

The industrial facility on the site is well established and benefits from a strong tenancy, making this a turnkey investment for buyers seeking stability and long-term growth potential. The lease structure offers scope for future rental growth and value enhancement, appealing to investors looking to capitalize on the ongoing industrial expansion in Kawana without the need for immediate repositioning.

Strategically positioned, the property enjoys close proximity to key arterial routes and transport infrastructure, ensuring efficient connectivity to Rockhampton's broader logistics and industrial network. The surrounding area is experiencing steady growth driven by infrastructure investment and increasing demand for industrial accommodation, reinforcing the asset's long-term appeal.

Key features of this industrial investment include:

• A 4,043 square meter industrial landholding providing ample space for operations and future development.
• An established industrial facility with a strong, reliable tenant in place.
• A secure income stream supported by an existing lease agreement with a term extending to June 2028 and an option for an additional three years.
• Annual net passing income of $135,000 plus GST and outgoings, reflecting the asset's income-generating capability.
• A weighted average lease expiry (WALE) of 2.17 years by income, indicating lease stability.
• Provision of 13 designated car parking bays along with additional truck parking spaces to accommodate operational needs.
• Potential for future rental growth and value-add opportunities, making it attractive for investors seeking capital appreciation.
• Strategic location within Kawana's growing industrial precinct, benefiting from ongoing industrial development.
• Close access to major arterial roads and the new Rockhampton Ring Road, enhancing transport and logistics efficiency.
• Positioned within a high-demand, supply-constrained market, underscoring the asset's investment quality.

This property represents a quality industrial investment offering immediate returns and future potential in a tightly held and expanding market. Opportunities of this nature are increasingly scarce, making this an attractive acquisition for astute investors seeking stable returns with long-term upside.