585m2* Freestanding Warehouse in Underwood
Divided into 3 tenancies of which 2 are leased
200m2* Vacant front unit
Projected income for vacant tenancy is $25,000 PA Gross approx.
Returning $28,500 PA Net with the potential to increase to $53,500
Outgoings approx. $9000 PA.
Situated on 1012m2* of industrial land
Multiple container height roller doors & container drop of area
Ample on-site parking
3 Phase power
Entry reception area
Amenities and kitchenette
Just minutes to M1 on/off ramps
Underwood is located 18 kilometres South East of the Brisbane CBD. It is bounded by Millers Road, Underwood Road, the South-East Freeway, Logan Road and roughly Compton Road. It includes Logan Road, Kingston Road, Compton Road and surrounding area encompass the Underwood business centre, which is a mixed-use urban development area incorporating the Underwood/Slacks Creek industrial estate as well as retail, commercial and office establishments. Retailers in Underwood include Bunnings, Big W and Woolworths as well as The Zone, which is a privately owned retail estate.
Logan City is situated along one of the most important economic corridors in Australia. From the Sunshine Coast to Coolangatta, a powerhouse of commerce and service industry sector development will continue to grow in support of the Brisbane CBD, the Port of Brisbane and the Brisbane Airport.