Industrial Outdoor Storage Investment Underpinned by Market Leader

Modus Property Group are pleased to present 221 Westphalen Drive, Riverview, to the market for sale.

Located within the highly successful Westview Industrial Estate, this scalable and fully leased hardstand investment comprises the following key features:

• Elevated, regular shaped site of 53,420sqm* (gross) with substantial improvements
• Secure income stream to a market leading national covenant – Atlan Stormwater
• WALE of 4.4 years
• Net usable area of 32,000sqm*
• Annual income of $885,600 net pa, reflecting a rental rate of $27.68/sqm, providing exceptional long term income growth
• Attractive annual review structure of 3.5% or CPI (greater of)
• Surrounded by national and global occupiers such as Australia Post, Capral Aluminium and Costco
• The location offers strategic access to national transport routes, including the Warrego, Ipswich, Logan, Centenary and Cunningham highways
• An elevated estate above current flood levels, with immediate connectivity to the Warrego Highway

For Further information or to arrange an inspection, please contact the Exclusive Agents at Modus Property.