"A unique aspect of the sale is that it will also include an extensive office fit-out, quality furniture, fixtures and fittings, and warehouse racking offering a turnkey opportunity," Henderson said.
"The premises could continue in its present sole-tenant structure with a large administrative area supporting the logistics activities of the adjacent warehouse, or it could be reconfigured into multiple tenancies.
"Separating the complex into smaller units would allow the utilisation of the existing fit-out and continue the office-based commercial space in its current format. Within that, there is the possibility of creating several smaller tenancies in the existing space.
"This versatility for multiple uses and tenancies is underpinned by the premises having dual vehicular access points off Argus Pl and substantial car parking, both open-air and under cover."
Henderson said that repurposing the infrastructure could suit alternative owner occupiers including churches, medical, education, entertainment or recreational facilities.
Burt said the location on a suburban arterial route also allowed for any new tenant to install prominent naming rights signage on to two street fronts.
"Argus Pl sits directly on the boundary separating the residential portion of Hillcrest from the light industrial Porana Rd precinct, consisting predominantly of small-to-medium sized construction, automotive, engineering and retail tenancies.
"The property is being offered complete with an extensive floor-to-ceiling racking system in the warehouse — delivering a virtual turn-key operation for a logistics and stock-movement business.
"The location has easy access to the Northern Motorway and is surrounded by car parking for some 101 vehicles, including numerous covered spaces."
Unka said the periphery of the property along the Sunnnybrae Rd frontage had been landscaped with large rocks and shrubs to enhance the office's aesthetics and ensure a smooth visual transition between Hillcrest's industrial and residential neighbourhoods.
"The imposing A-grade office and warehousing complex is one of the biggest commercial sites of its type in the Porana Rd periphery, offering space in an area that has a vacancy rate of only 2.2 per cent," he said.
"Seldom do you see such substantial properties being available in this tightly held area. The current owner is in the process of relocating existing operations.
"This also means that a delayed settlement is on offer, which will provide purchasers time to review options, plan their relocation into the premises, or gain any consents required before having to settle."
