14 Devlan Street Mansfield, QLD 4122

Ray White Industrial Milton is pleased to offer this unique freestanding investment in the highly sought-after location of Mansfield.

This freestanding 1,370m²* office/industrial warehouse comprises 1,140m²* of clear span warehouse and 227m²* of office split over two tenancies on 2,162m²* of light industrial land.

Property features:

• Located in the highly sought-after Mansfield industrial precinct
• Total Net Annual Rental of $137,604 p.a + GST + outgoings
• Both leases in place until 2025/2026 with options to renew
• 2 x container height roller doors
• Proximity to large residential catchment area
• No body corporate, split duplex on freehold lot
• Close to major arterial roads, Brisbane airport, Port of Brisbane & CBD
• Ample on-site parking, local transport options and amenities

Tenancy A: Stacked Deck Jiu Jitsu
Tenant type - Physical training
Area - 702m2
Rental - $59, 488
Commencement date- 1st November 2020
Lease expiry - 30th October 2025
5 year lease term with 1 x 5 year lease option
Outgoings 100% payable by tenant

Tenancy B: Eva Professional Australia
Tenant type - Hairdressing supplies & training
Area - 665m2
Rental - $78,116.45
Commencement date- 1st October 2015
Lease expiry - New 3+3 lease commences 1st October 2023 @ $80,459.94
3 year lease term with 1 x 3 year option
Outgoings 100% payable by tenant

For sale by Expression of Interest closing 5pm on Thursday 23rd March 2023 (if not sold prior).

For more information or to arrange an inspection onsite please contact Exclusive Agent David Highman, Ray White Industrial Milton

* Notes approximately