Property Details
Yatala, QLD
Purchased
Off Market
Purchase Price
$1,400,000
Net Yield
5.4%
Asset Class
Industrial
Property Details
Within one of South East Queensland’s strongest industrial precincts – Costi Cohen has secured the acquisition of an architecturally designed industrial facility on behalf of our client.
Constructed using concrete tilt panel design, the asset is secured by a brand new three year lease with the tenant responsible for 100 percent of outgoings. The property is located within the Yatala Enterprise Area, the largest industrial precinct in the Gold Coast region and one of South East Queensland’s most significant employment and logistics hubs.
The precinct accommodates more than 550 industrial businesses, supports over 4,000 manufacturing jobs and forms a core component of the region’s long-term economic and industrial strategy.
With direct access to the M1 Motorway and positioning between Brisbane City and the Gold Coast, Yatala continues to attract sustained demand from logistics, manufacturing and trade based occupiers.