9-11 Crocker Street
MILLMERRAN Queensland 4357

Overview

Industrial Investment Opportunity

This industrial property is situated in the industrial hub of Millmerran, occupying a substantial 4500 sqm allotment with a single title. The zoning classification is General Industry, specifically designated for Medium Impact Industry. Essential services such as town water and electricity are already connected, and the property boasts a bitumen road frontage.

The property features a generous frontage of 60 meters and a depth of 75 meters. Security fencing surrounds the entire perimeter, utilizing netting and barbed wire with steel posts for added safety. Access to the property is facilitated by a double-gated entrance leading to the sheds, along with an additional double-gated access point located at the eastern end of the property. Water supply is ensured through town water, supplemented by two 1137-liter poly tanks.

Improvements on the site include two colorbond sheds, each measuring 18m x 9m and constructed on a cement floor. Each shed is equipped with the following amenities:

• A lined and ceilinged separate room measuring 8.8m x 5.8m, currently utilized as an office and lunchroom.
• One personal entry door, two glass sliding doors, and two roller doors approximately 3.6m in height, all opening from the center thoroughfare.
• One additional roller door of approximately 3.6m height located on the exterior side walls.
• A mezzanine storage area measuring 9m x 6m, complete with a stairwell.
• Fluorescent lighting throughout.

The under-cover middle thoroughfare features a concrete floor, approximately 7m in width and 4.6m in height at the center section.

Inclusions within Shed 1 comprise a meeting room with a reception bench and a kitchen sink/bench, along with a single toilet room (note: no air conditioning). Shed 2 includes a reception desk positioned on the western side of the office and is equipped with an air conditioning unit. Additionally, a concreted wash bay is located on the western side of Shed 1.

Lease details are as follows:

• Commencement date: 15/11/2016
• Lease end date: 11/11/2026
• Last increase date: 15/12/2023
• Current rent received: $1611.70 per month

Note that the following items are excluded from the sale:

• All containers and igloos.
• Security system (the tenant may consider selling this to the buyer).
• Two 3000-liter tanks and two pressure pumps.
• Air compressor.

Annual rates for the property are approximately $1684.

For further information, please reach out to the selling agent.

Location