Leased to Bullivants
5 year lease till July 2021
Net income of $362,631.09 + GST
CBRE are extremely pleased to offer 79-81 Colebard Street to the market. This is a rare opportunity to secure a corporate freestanding facility leased to long term tenant Bullivants within a highly sought after Industrial Estate.
Features of the investment include:
- 3,649sqm Freestanding office & warehouse facility
- 7,108sqm Prominent corner General Industrial site
- Long term sitting tenant leased till 30th June, 2021
- Annual net income of $362,631.09 + GST (as of 1st July, 2016)
- Leased to Bullivants a wholly owned subsidiary of Wesfarmers
- Sale by Expressions of Interest
The site is strategically located within the well-established Industrial precinct of Acacia Ridge offering access to major arterials including the Ipswich and Logan Motorways.
Being offered for sale via Expressions of Interest closing 5pm Wednesday 22nd June 2016.
For further details or to arrange an inspection please contact CBRE the Exclusive Agents.
The size of Acacia Ridge is approximately 8.6 square kilometres. It has 16 parks covering nearly 5.8% of total area. The population of Acacia Ridge in 2016 was 7429 people. By 2021 the population was 7486 showing a population growth of 0.8% in the area during that time. The predominant age group in Acacia Ridge is 30-39 years. Households in Acacia Ridge are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Acacia Ridge work in a trades occupation.In 2021, 47.50% of the homes in Acacia Ridge were owner-occupied compared with 49.60% in 2016.
Acacia Ridge has 4,049 properties. Over the last 5 years, Houses in Acacia Ridge have seen a 122.96% increase in median value, while Units have seen a 119.57% increase. As at 31 December 2025:
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