19-23 Badu Court
MEADOWBROOK QLD 4131
THE OPPORTUNITY
Ray White Commercial Northern Corridor Group are pleased to offer 19-23 Badu Court, Meadowbrook for sale. FEATURES • 4,500m2 Ground floor area
• Situated in established Meadowbrook Industrial Estate
• Net annual return of $480,000 + GST
• Excellent height with 10 metre internal clearance
• Dual tenanted investment
• Dual crossovers, allowing drive through
• 392m2 of professional office space
• 11-year-old construction
• Situated on 10,100m2* land area
• Depreciation schedule available upon request
• Large awning area
• Quick access to Logan Motorway
• 4 container height roller doors • 2 ton gantry crane For more information or to arrange an inspection, please contact marketing agents Brocke Hambrecht or Rob Dawson.
BROCKE HAMBRECHT 0466 599 724
SALES MANAGER & GROUP AUCTIONEER brocke.hambrecht@raywhite.com
* Approximately
SEAN SKEFFINGTON 0422 587 143
SALES & LEASING EXECUTIVE sean.skeffington@raywhite.com
ROB DAWSON 0422 786 205
SALES & LEASING ASSOCIATE rob.dawson@raywhite.com
EXECUTIVE SUMMARY
ADDRESS
19-23 Badu Court, Meadowbrook
REAL PROPERTY DETAILS
Lot 3-4 on Survey Plan 192504
TITLE REFERENCE
50768193 + 50768194
ZONING
Light Industry
GROUND FLOOR AREA
4,500m 2
NET ANNUAL RETURN
$480,000.00*
LOCAL AUTHORITY
Logan City
OUTGOINGS
$100,620.68*
SALE PRICE
$7,500,000
* Approximately
Area can be subdivided subject to approvals PR OV IDE 50 MM
CO PP ER
WAREHOUSE
LIN EF OR FU TU RE
RL. 11.250
47
46
45
44
43 42 41 40 39 38
01 37 02 36 03 35 04 34 33
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
SHARED AREA
05
06
07
08
09
10
1000
OFFICE
CL
UP
TENANTS
BIG BOYS TOY STORAGE: bigboystoystorage.com.au Big Boys Toy Storage is a secure storage conveniently located between Brisbane and the Gold Coast. It’s seriously impressive and could be the best secure storage in Queensland. Big Boys Toy Storage is huge with secure storage for cars, caravans, boats, motorbikes, motorhomes and RVs, collectible and vintage cars and jet skis. They also offer secure storage for trucks, buses, light airplanes and even semi-trailers. Just about any item you can think of can be securely stored at Big Boys Toy Storage. If it needs to be securely stored away from home and out of harm’s way, then keep it at Big Boys.Not only is your ‘pride and joy’ kept safe and secure undercover, it’s also ready to enjoy whenever you want it. Big Boys Toy Storage is a specialist high value storage facility for those items you need ready access to and use for recreation or business.
CHROMOGEN PTY LTD: chromagen.com.au Chromagen, a pioneer in the production of solar water solutions has a long history of innovation and excellence. Founded in 1962, the Chromagen brand is a major international player in thermal solar technology. Chromagen’s world class solar hot water systems are sold to over 35 countries and are recognised across the globe for their high quality, reliability and durability. Today Chromagen Australia offers a wide range of home product solutions, including the renowned solar water heaters plus a range of hot water solutions by Midea, solar power systems from leading suppliers in the industry, kitchen appliances by Centurion and air conditioning solutions by Galaxy Air. With a commitment to providing quality and sustainable solutions for Australian consumers, Chromagen Australia has a nation-wide presence with a network of offices, dealers and service agents across the country, so you can count on local experience, solutions and service.
TENANCY SCHEDULE
ADDRESS
TENANT
AREA (M2)
EXPIRY DATE
OPTION
CURRENT NET INCOME P/A
COLLECTED OUTGOINGS
NET MONTHLY RENT
TOTAL MONTHLY OUTGOINGS
UNIT 4
Chromagen Pty Ltd
1180
30/09/2023
1X5
$127,308.00
$23,876.04
$10,609.00
$1,989.67
UNIT 1 - 3
Big Boys Toy Storage
3320
7/01/2022
N/A
$352,692.00
$76,744.68
$29,391.00
$6,395.39
$480,000.00
$100,620.72
$40,000.00
$8,385.06
TOTAL
Total Building Area As Applied to Outgoings
4500
4500
Outgoings 19 Badu Court Rates Water Rates Building Insurance Fire Protection Land Tax
$35,072.40 $8,204.36 $12,003.92 $4,500.00 $26,100.00
Waste Collection
$2,640.00
Repairs & Maint General
$2,500.00
Managment (2%)
$9,600.00
Current Outgoings 19 Badu Court
*Rental income is plus GST
EXC GST (APPROX)
$100,620.68
DISCLAIMER The information contained in this Information Memorandum and any other verbal or written information given in respect of the property (“Information”) is provided to the recipient (“you”) on the following conditions: 1. N orth Coast Commercial Properties Pty Ltd trading as Ray White Northern Corridor Group and or any of its officers, employees or consultants (“we, us”) make no representation, warranty or guarantee, that the Information, whether or not in writing, is complete, accurate or balanced. Some information has been obtained from third parties and has not been independently verified. Accordingly, no warranty, representation or undertaking, whether express or implied, is made and no responsibility is accepted by us as to the accuracy of any part of this, or any further information supplied by or on our behalf, whether orally or in writing. 2. All visual images (including but not limited to plans, photographs, specifications, artist impressions) are indicative only and are subject to change. Any measurement noted is indicative and not to scale. All outlines on photographs are indicative only. 3. The Information does not constitute, and should not be considered as, a recommendation in relation to the purchase of the property or a solicitation or offer to sell the property or a contract of sale for the property. 4. You should satisfy yourself as to the accuracy and completeness of the Information through your own inspections, surveys, enquiries, and searches by your own independent consultants, and we recommend that you obtain independent legal, financial and taxation advice. This includes as to whether any listing price is inclusive or exclusive of GST. 5. We are not valuers and make no comment as to value. “Sold/ leased” designations show only that stock is “currently not available” – not that the property is contracted/ settled. If you require a valuation we recommend that you obtain advice from a registered valuer. 6. The Information does not and will not form part of any contract of sale for the property. If an interested party makes an offer or signs a contract for the property, the only information, representations and warranties upon which you will be entitled to rely will be as expressly set out in such a contract.
7. Interested parties will be responsible for meeting their own costs of participating in the sale process for the property. We will not be liable to compensate any intending purchasers for any costs or expenses incurred in reviewing, investigating or analysing any Information. 8. We will not be liable to you (to the full extent permitted by law) for any liabilities, costs or expenses incurred in connection with the Information or subsequent sale of the property whatsoever, whether the loss or damage arises in connection with any negligence, default or lack of care on our part. 9. No person is authorised to give information other than the Information in this Information Memorandum or in another brochure or document authorised by us. Any statement or representation by an officer, agent, supplier, customer, relative or employee of the vendor will not be binding on the vendor or us. 10. To the extent that any of the above paragraphs may be construed as being a contravention of any law of the State or the Commonwealth, such paragraphs should be read down, severed or both as the case may require and the remaining paragraphs shall continue to have full force and effect. 11. You may not discuss the Information or the proposed sale of the property with the vendors or with any agent, friend, associate or relative of the vendor or any other person connected with the vendor without our prior written consent. We accept no responsibility or liability to any other party who might use or rely upon this report in whole or part of its contents. 12. The Information must not be reproduced, transmitted or otherwise made available to any other person without our prior written consent.
CHRIS MASSIE DIRECTOR - COMMERCIAL PRINCIPAL 0412 490 840 chris.massie@raywhite.com
ASHLEY REES DIRECTOR - SENIOR ANALYST 0411 707 410 ashley.rees@raywhite.com
SUNSHINE COAST
TREVOR NELSON-JONES SALES & LEASING EXECUTIVE 0407 736 521 trevor.nelson-jones@raywhite.com
MORETON BAY
PINE RIVERS
BROCKE HAMBRECHT SALES MANAGER & AUCTIONEER 0466 599 724 brocke.hambrecht@raywhite.com
MICHAEL SHADFORTH DIRECTOR - COMMERCIAL PRINCIPAL 0488 981 076 michael.shadforth@raywhite.com
JULIE RYAN MAJOR ASSET SALES 0447 445 453 julie.ryan@raywhite.com
ROB DAWSON SALES & LEASING EXECUTIVE 0422 786 205 rob.dawson@raywhite.com
AARON CANAVAN ASSOCIATE DIRECTOR 0447 744 948 aaron.canavan@raywhite.com
EMILY PENDLETON ASSOCIATE DIRECTOR 0402 435 446 emily.pendleton@raywhite.com
SEAN SKEFFINGTON SALES & LEASING EXECUTIVE 0422 587 143 sean.skeffington@raywhite.com
BLAKE PRIMROSE SENIOR SALES & LEASING EXECUTIVE 0423 555 043 blake.primrose@raywhite.com
CHRISTINE FRENEY SALES & LEASING EXECUTIVE 0432 170 380 christine.freney@raywhite.com
LUKE HOBMAN SALES & LEASING EXECUTIVE 0434 053 164 luke.hobman@raywhite.com
SHAYNA KIRK GROUP EXECUTIVE ASSISTANT 0433 574 694 shayna.kirk@raywhite.com
SAMUEL HOY SALES & LEASING EXECUTIVE 0423 795 273 samuel.hoy@raywhite.com
STACI TOBIN ADMINISTRATION ASSISTANT 0466 248 654 staci_tobin@raywhite.com
MICHAELA WEBB PERSONAL ASSISTANT TO CHRIS MASSIE 0409 202 066 michaela.webb@raywhite.com
DAVID GOLDSWORTHY SALES & LEASING EXECUTIVE 0481 996 794 david.goldsworthy@raywhite.com
BRENDAN KING MARKET ANALYST 1300 255 075 brendan.king@raywhite.com
SARAH BENBOW ADMINISTRATION ASSISTANT 0401 665 998 sarah.benbow@raywhite.com
DWAINE BATHERN SALES & LEASING ASSOCIATE 0499 568 419 dwaine.bathern@raywhite.com
SUNSHINE COAST
MORETON BAY
PINE RIVERS
PROPERTY MANAGEMENT
1/172 Brisbane Road Mooloolaba QLD 4557
3/125 Morayfield Road Morayfield QLD 4506
Suite 13, 104 Gympie Road Strathpine, QLD 4500
9/113-137 Morayfield Road Morayfield QLD 4506
CASS MAHONEY PA TO MICHAEL SHADFORTH 0412 504 174 cassie.mahoney@raywhite.com