Colliers Industrial & Logistics Capital Markets are pleased to present to the market for sale the Berrinba Logistics Portfolio, offering two high-quality, core industrial and logistics properties ideally positioned within the tightly held Berrinba industrial precinct within Brisbane’s South.

Key Investment Highlights

• Modern, state-of-the-art logistics improvements totalling 40,244m² of combined building area with internal clearance heights up to 11.1m, full drive-around access with B-double articulation, generous loading areas and awning cover.
• Long WALE (by income) of 5.82 years provides a secure and steady income profile.
• Diversified income profile with a stagged portfolio lease expiry.
• Significant infill landholding over a combined site area of 73,550m².
• Net passing income of $4,987,310 ($124/m²) per annum, assessed below market levels providing substantial rental reversion opportunity.
• Assessed net market income of $6,036,600 ($150/m²) per annum, providing a 22% uplift on current levels.
• Strategically positioned within close proximity to major transport infrastructure including the Logan Motorway, Gateway Motorway and the Ipswich Motorway Interchange, connecting the precinct to greater metropolitan Brisbane.
• Historical low vacancy rate of near 0.0% across Berrinba, which is a highly insulated logistics market with a strong concentration of institutional ownership supporting continued rental growth and sound investment fundamentals.

All figures are approximate as at 30 June 2024.

The Berrinba Logistics Portfolio will be offered for sale individually or in-one-line via an International Expressions of Interest campaign closing 3:00 pm (AEST) Thursday, 9th May 2024.