235 East Street
Rockhampton City QLD 4700
$1,800,000
CBD INDUSTRIAL INVESTMENT WITH INCOME & POTENTIAL OWNER OCCUPIER FLEXIBILITY
Opportunities to acquire a substantial industrial asset within the Rockhampton CBD are becoming increasingly scarce, particularly those offering secure income and future flexibility.Positioned on a prominent corner site with excellent access to major transport routes, this substantial industrial facility offers investors secure holding income together with future flexibility for owner-occupiers seeking a strategic CBD location.
The property is currently leased to Alliance Airlines until February 2029, returning approximately $116,000 per annum + GST + outgoings, providing immediate income security. The lease structure may also present an opportunity for purchasers seeking future owner-occupation, subject to negotiation.
Property Features:
• Approx. 80sqm* of air-conditioned office accommodation
• Approx. 770sqm* of elevated storage platform area
• Approx. 770sqm* of drive-through warehouse space
• Secure lease to Alliance Airlines until February 2029
• Net income of approximately $116,000 p.a. + GST + outgoings
• Prominent corner position with outstanding vehicle accessibility
• Located on a designated B-Double transport route
• Four roller doors providing efficient loading and unloading capability
• Rear lane access for improved circulation and operational efficiency
• Strategic CBD location with convenient access to both northern and southern transport corridors
Offering a combination of secure income, functional improvements and long-term flexibility, 235 East Street represents a compelling opportunity for investors and owner-occupiers alike.
For further information or to arrange an inspection, contact Jonathon Offord or Neale Crow of Elders Commercial Rockhampton.
Features
General Features
- Commercial Type: Industrial/Warehouse
- Building Area: 1,619sqm
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