70-82 Main Beach Road, Pinkenba, QLD
The freehold property is located within the Pinkenba industrial precinct, adjoining the Brisbane Airport on the northern side of the Brisbane River. The site has immediate access to the major arterial road network including the Bruce Highway and only minutes from the Gateway Bridge.
When construction is completed in early 2018, the property will operate as as a resource recovery facility for soil, rock, gravel and construction materials.
A subsidiary of the Byrne Group, a market leader in Queensland's recycling industry and operator of a similar facility in Pinkenba, has pre-committed to a 15 year lease to start upon practical completion of construction.
The four hectare site will have low site coverage and improvements, consisting of predominantly hardstand, a 2,000m² facility and various site offices.
|Year of Construction||2018|
|Valuation Date||May 2017|
|Number of Tenants||One|
|WALE||15 years at completion in early 2018.|
This property is fully leased.