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.