Information Memorandum
RWC
Northern
Corridor Group
2/31 CESSNA DRIVE, CABOOLTURE, QLD 4510 FOR SALE
Troy Sturgess Senior Agent 0432 701 600 troy.sturgess@raywhite.com
Aaron Canavan
Commercial Principal 0447 744 948 aaron.canavan@raywhite.com
The Opportunity
RWC Northern Corridor Group are pleased to present to the market, 2/31 Cessna Drive, Caboolture, for sale as a tenanted investment. This industrial warehouse is situated in the heart of Corporate Park, just minutes from the Bruce Highway M1 on ramp.
FEATURES
● 350m2 industrial facility
● Comprising of 250m2* warehouse, 50m2* mezzanine storage & 50m2* of office/reception
● Tenanted until September 2026 (no options)
● $37,080 per annum Holding Income
● Opportunity to occupy or reposition lease terms
● Container height roller door
● Internal toilet & shower
● Fully fenced & secure complex
● 6 exclusive car parks
● 24 hour General Industry zoning
● Conveniently located in the Corporate Park Estate with easy access to the Bruce Highway
This property is being presented to the market for sale via Offers to Purchase closing 7 March 2025.
Executive Summary
ADDRESS 2/31 Cessna Drive, CABOOLTURE, QLD 4510
PROPERTY DETAILS Lot 2 on SP 179595
BUILDING AREA 350m2
LOCAL AUTHORITY Moreton Bay City Council
ZONING General Industry
OUTGOINGS $20,757.40 per annum approx FOR SALE via Offers to Purchase closing 7 March 2025.
Tenancy Schedule | Limitless Combat Sports
$37,080 per annum
REVIEW Fixed. Year 5 = $38,192.40 OPTIONS NIL
Limitless Combat Sports
Family environment for Muay Thai and Functional Fitness.
We have a passion for martial arts and fitness, the team at No Limits Combat Sports been a family owned business it's important to us that our space is a family friendly space where everyone in your family can come enjoy a workout and learn Muay Thai. Our trainers have over 30+ years experience from just training for fitness to amateur and professional fighters
We Provide One On One Private training sessions are perfect to really focus on you, our trainers can tailor a workout or program to suit your specific needs.
Our Fight Fit sessions are a combination of weights, functional fitness and HIIT that are perfect if you trying to lose weight, build muscle or just to give yourself that winning edge Fighting Fit will get you into fighting shape in no time.
RATES
WATER
BODY CORPORATE
INSURANCE
LAND TAX
MANAGEMENT FEE
TOTAL
$2,666.00 (paid by tenant)
$1,696.00 (paid by tenant)
$4,200.00 (paid by seller)
$7,120.00 (paid by seller)
$2,518.00 (paid by seller)
$2,557.40 (paid by tenant)
$20,757.40 per annum * approx
RECOVERABLE OUTGOINGS: $6,919.40 per annum * approx (paid by tenant)
NET HOLDING INCOME
$23,242.00 Per Annum
Caboolture Overview
IMAGE
Caboolture is one of the fastest growing satellite cities in Australia; approximately 44 kilometres from Brisbane, officially in the Moreton Bay region, it is considered to be the northernmost urban area of the greater Brisbane metropolitan region.
A regional transport hub with its own airfield, a major stop on the North Coast railway line with Citytrain operating regular services to Brisbane as well as interurban services to Nambour and Gympie, a bus terminal, and easy highway access to Brisbane and the Sunshine Coast via the M1, and connections across the Great Dividing Range via the D’Aguilar Highway.
Caboolture is a vibrant city with a range of public and private schools, a major hospital, shopping centres, sporting/leisure facilities, churches, museums, a historical village, markets, and a major river dividing the town between north and south. Its proximity to Brisbane and the Sunshine Coast, and its easy access to the Bruce Highway; have attracted attention from developers in both the residential, commercial, and industrial sectors.
As the southeast Queensland population continues to grow at an exponential rate, investment into existing and planned industrial precincts are driving more economic growth and local jobs, as well as attracting increased business activity. Corporate Park East is one example, a $90 million dollar industrial estate across 40-hectares of commercial land, developed to service the northern growth corridor.
A major economic player in the Moreton Bay region – the local council have turbocharged its growth in recent years with a multimillion injection into public infrastructure, road, and economic initiatives; and will remain a key focus of investment in the coming decades to keep abreast with the burgeoning population
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. North 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 b y 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 t o 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 t o 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 t o whether any listing price is inclusive or exclusive of GST.
5. We are not valuers and make no comment as to value. “S old/ leased” designations show only that stock is “currently not available” – no t 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.
Michael Nides
Sales & Leasing Associate 0468 517 956 michael.nides@raywhite.com
James Garnett
Sales & Leasing Associate 0422 087 745 james.garnett@raywhite.com
Kelly Hockenhull Administrator 1300 255 075 kelly.hockenhull@raywhite.com
Keegan Geary Administration Assistant 0432 676 889 keegan.geary@raywhite.com
Aaron Canavan Commercial Principal 0447 744 948 aaron.canavan@raywhite.com
Bianca Jensen
Sales & Leasing Associate 0434 053 164 bianca.jensen@raywhite.com
Shayna Kirk
Executive Assistant to Aaron Canavan 0468 393 334 shayna.kirk@raywhite.com