16/42 Smith Street, Capalaba, QLD 4157

This quality built strata titled industrial unit is located in "Industry on Smith", a well presented and secure gated complex of 16 units in the heart of Capalaba's industrial precinct. The property has a national tenant, Metz Specialty Materials Pty Ltd, who has been on site since 2009 and would like to enter into a new 3 + 3 year lease.

Features include:

* 74sqm air conditioned mezzanine offices with quality fit out

* 223sqm clear span insulated warehouse with skylight, three phase power and air conditioned meeting room

* Electric container height roller door

* Own amenities - kitchenette, shower and two toilets

* Front shaded courtyard available for staff

* 57 common area car parks in the complex

* Secure lockup compound

* Current lease expires on 7 December 2023

* Current annual net rental income is $51,732.24

* Tenant would like to enter into a new 3 + 3 year lease

* Information Memorandum available upon request

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