Sold
14 Devlan Street,
Mansfield 4122, Queensland
Price withheld
Property details
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Agents
FULLY LEASED INDUSTRIAL DUPLEX INVESTMENT
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
Explore the area
School catchments
- Mount Gravatt East State School Primary Prep-6 Government 0.38km
- Seton College Secondary Catholic 0.42km
- Queensland Pathways State College - Mt Gravatt Campus Secondary Government 0.73km
- Brisbane Adventist College Combined Prep-12 Independent 1.5km
- Mansfield State School Primary Prep-6 Government 1.5km
- Citipointe Christian College Combined Prep-12 Independent 1.7km
- Mansfield State High School Secondary 7-12 Government 1.8km
- Wishart State School Primary Prep-6 Government 2.1km
- Mount Gravatt State School Primary Prep-6 Government 2.2km
- St Catherine's Catholic Primary School Primary Prep-6 Catholic 2.3km
- Mount Gravatt State High School Secondary 7-12 Government 2.3km
- Seville Road State School Primary Prep-6 Government 2.4km
- St Agnes School Primary Prep-6 Catholic 2.4km
- Cavendish Road State High School Secondary 7-12 Government 2.8km
- Mackenzie State Primary School Primary Prep-6 Government 3.0km
- St Bernard's School Primary Prep-6 Catholic 3.1km
- Clairvaux MacKillop College Secondary 7-12 Catholic 3.1km
- Yarranlea Primary School Primary Prep-6 Independent 3.3km
- Upper Mount Gravatt State School Primary Prep-6 Government 3.3km
- St John of Kronstadt Academy Primary Prep-4 Independent 3.5km
- Belmont State School Primary Prep-6 Government 3.6km
- Whites Hill State College Combined Prep-12 Government 3.7km
- Holland Park State High School Secondary 7-12 Government 3.7km
- Loreto College Coorparoo Combined 5-12 Catholic 4.0km
- MacGregor State High School Secondary 7-12 Government 4.3km
- San Sisto College Secondary 7-12 Catholic 4.5km
- Queensland Pathways State College Secondary 10-12 Government 5.4km
- Queensland Pathways State College - Coorparoo Campus Secondary Government 5.5km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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