37 Manton Street, Morningside, QLD

JLL and CBRE are pleased to offer for sale 37 Manton Street, Morningside a functional office warehouse facility within the tightly held TradeCoast market with outstanding value-add opportunities. The property is being offered individually or as part of a two asset portfolio that includes 47 Trade Street, Lytton.

Key Investment Highlights for 37 Manton Street include:

•  Functional office warehouse with a total GLA of 2,800m2
• Subdivided to cater for two tenancies
• Warehouse accessed via 11 on grade doors
• Low site cover providing hardstand and expansion potential
• 1 Year WALE with no options
• Returning $403,079 pa (as at 1 October 2022)
• Ability to purchase at land value
• Provides short-term holding income whilst finalising redevelopment opportunities
• Strategically located 8,589m2 infill site, with multiple redevelopment/development options.
• Capitalise on the severe shortage of land in the immediate area

*approx

The property is being offered for sale via Expressions of Interest closing Tuesday 2^nd August 2022 at 4pm (AEST).

For further information please contact the below exclusive marketing agents.