2-6 Vennard Street, Garbutt, Qld 4814

Cushman & Wakefield are pleased to present to the market 2-6 Vennard Street, Garbutt a securely leased industrial investment with future development upside.

Key features of the offering include: 

- 7 year triple net lease to OneSteel Recycling (100% subsidiary of InfraBuild Australia)
- Large 21,084sqm land holdings across 2 titles
- Low 16% site cover providing future expansion or redevelopment options (STCA)
- Strategically located within the tightly held Garbutt industrial precinct approximately 6km west of the Townsville CBD and 2km from the Townsville Airport
- Net income $400,000 net pa
- Strong annual reviews – Greater CPI or 3.5%
- Purchase price underpinned by land value

2-6 Vennard Street, Garbutt is being offered for sale via Expressions of Interest closing 4pm Thursday 4th September 2025.

For further details please contact the below exclusive marketing agents.

* Approx.