Information Memorandum - 35 Pickering Street, Enoggera
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INTRODUCTION EXECUTIVE SUMMARY KEY FEATURES
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THE LOCATION TENANCY SUMMARY OUTGOINGS SUMMARY
11 THE SALE PROCESS
Cushman & Wakefield in conjunction with Ray White Commercial is proud to exclusively present 35 Pickering Street, Enoggera to the market For Sale.
Positioned in one of Brisbane’s most tightly held and high-performing industrial precincts, this rare 410 sqm* freestanding office/warehouse offers a compelling opportunity for both investors and owner-occupiers.
Strategically located on Pickering Street, the property benefits from exceptional exposure and effortless accessibility—ensuring convenience for both clients and suppliers. Its proximity to major transport corridors and key commercial hubs enhances its appeal to a broad spectrum of businesses.
Surrounded by prominent national trade and automotive brands—including Bridgestone, Repco, AutoBarn, and Reece Plumbing—this vibrant precinct fosters a dynamic and thriving commercial environment.
35 Pickering Street, Enoggera is available For Sale via Expressions of Interest closing on the 24th July 2025 at 4pm AEST.
Please contact the Exclusive Agents below for further information.
Current annual rental of $125,791 pa net + Outgoings + GST
Leased until March 2026
Ability to Invest or Occupy
Low Impact Industry Zoning
*Approximately
THE LOCATION
35 Pickering Street, Enoggera is superbly positioned within Brisbane’s inner-north, just 7km* from the CBD. This high-exposure site sits in the heart of a well-established commercial and light industrial precinct, offering excellent connectivity and strong local amenity.
The property enjoys direct access to major arterial roads including South Pine Road and Samford Road, facilitating efficient travel to the Brisbane CBD, Airport, and surrounding suburbs. Public transport is readily available, with Enoggera Train Station and multiple bus routes within walking distance, enhancing accessibility for staff and clients.
The surrounding area is home to a diverse mix of national trade retailers, service providers, and light industrial operators, supported by a growing residential catchment and ongoing urban renewal. This dynamic environment continues to attract strong demand from both occupiers and investors.
With its strategic location, strong transport links, and proximity to key infrastructure, 35 Pickering Street presents a rare opportunity to secure a quality asset in one of Brisbane’s most tightly held commercial-industrial corridors.
TENANCY SUMMARY
Lesee The Grow Centre
Commencement Date 15th March 2021
Lease Expiry 14th March 2026
Lease Term 7 Years
Option Nil
Passing Annual Net Rent $125,791 pa net + Outgoings + GST
The Grow Centre was established 2019 as the indoor plant industry was in need of a supplier that specialised in the best indoor plants all year round. The Grow Centre is a successful national business with five retail locations across Brisbane, Sydney and Melbourne. The grow centre owns a 26-acre property which produces over 20 varieties of plants and has well over 500,000 plants on the ground at any point.
The plant nursery draws on over 50 years of indoor plant hire industry experience. The Grow Centre produces plants that are of industry standard and used in top commercial and retail fit outs. Pickering St is one of The Grow Centres best performing stores nationally.
OUTGOINGS SUMMARY
THE SALE PROCESS
The property is being offered for sale via Expressions of Interest closing Thursday, 24 July 2025 at 4pm AEST.
Terms of Sale:
The Vendor reserves the right not to accept any EOI without limitation. The Vendor in not obliged to accept the EOI with the highest consideration. The Vendor may, in its absolute discretion, negotiate with any persons who submit and EOI or with any other person with respect to the property and at any time prior to the exchange of binding contracts, may withdraw the property from sale. The vendor is not responsible for any costs or expenses incurred by a prospective purchaser in preparing and lodging an EOI or undertaking any due diligence.
Due Diligence Material:
Further due diligence material is available via an electronic data room, which can be accessed via contacting the appointed agents.
inspections:
On-site inspections are to be arranged via the appointed agents.
