49 Enterprise Street, Cleveland, QLD 4163

  • 1834 sqm

For sale

Expressions of Interest

Owner Occupier Investment Opportunity - Low Site Coverage with Holding Income

Raine & Horne Commercial are proud to present to the market 49 Enterprise Street, Cleveland. This property is located in one of Redland City’s premier suburbs, approximately 30km from Brisbane on the western shores of Moreton Bay. Cleveland provides an enviable lifestyle for residents and businesses with a generous mix of commercial, industrial and residential areas. With two separate buildings onsite, this property represents an ideal opportunity for an astute Buyer to occupy one and have rental income from the other. Information Memorandum available on request. Key features are as follows:

Building 3 (Leased as Unit 1)

  • 892sqm comprising 200sqm ducted a/c offices and 640sqm clear span warehouse with wash bay and three phase power

  • 52sqm approved mezzanine storage

  • Nine container height electric roller doors

  • Full drive through facility with container set down area and 22 dedicated onsite carparks

  • Leased to Enviro One Services and Installations Pty Ltd until 13/12/2023

  • Current annual gross rental income $94,387 with 4% fixed annual increases

    Building 2

  • 942sqm comprising 43sqm of air conditioned offices, 180sqm truck wash bay with trade waste and 719sqm clear span warehouse

  • Heavy duty concrete internally and externally and an inspection pit for servicing of heavy vehicles

  • Seven electric roller doors with compressed air lines and three phase power throughout

  • Can be divided into smaller tenancies with plumbing infrastructure in place

  • 12 dedicated onsite carparks

    This low site coverage property offers a variety of uses for a new owner including (but not limited to):

  • Import and export

  • Workshop

  • Transport depot

  • Heavy earthmoving equipment

    In addition, the current configuration of the site lends itself to future strata titling (subject to local council approval).

    For further information and to arrange an inspection (by appointment only) please contact Exclusive Agents, Colin Tucker and Nick Comino.

Property Info:
  • Property ID: L1309017
  • Property Type: Industrial/Warehouse
  • Building / Floor Area: 1834 sqm
  • Land Area: 5161.0 sqm