Tenanted Investment with Upside!
Located just minutes from the Hillsborough Road State Highway 20 on-ramp, 42 Frost Road & 76-78 Carr Road presents a significant opportunity to own in the tightly held city-fringe market. The property is leased to six tenants and returning a below market rental. The buildings and improvements present well, comprising of warehousing/manufacturing areas and office space, with access from both Carr and Frost Roads.
Key Features of the property include:
- 7,391sqm on five titles
- Leased to six tenants returning a below market income of $351,496 p.a.
- Significant redevelopment opportunity with holding income
- Industrial property is out performing all other asset classes
- An exceptional chance in a tight market to secure an asset with growth, add value and rebuild potential
42 Frost Road & 76-78 Carr Road, Mt Roskill is offered for sale by Deadline Private Treaty closing Tuesday 15 June 2021 at 4:00pm (unless sold prior).
Please contact sole CBRE Agents Claus Brewer (021 656 650), John Bedford (021 772 121) and Kate Van Der Zeyden (021 295 2171).
