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Modus Property Group

155-159 Magnesium Drive Crestmead, QLD 4132

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155-159 Magnesium Drive,
Crestmead, QLD 4132

Warehouse, Factory & Industrial

Price information

Sale - Expression of Interest closing Thu 16 May

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$662,740
Number of Tenants
1 Tenant
Tenants / Type
Titan Garages & Sheds

Expression of Interest

Add to calendar

Private inspections

to arrange a private inspection.
Modus Property Group
David Gibson
Freddie Donne

Modus Property Group

1 James Street
FORTITUDE VALLEY, QLD 4006
Modus Property Group
155-159 Magnesium Drive
Crestmead, QLD 4132

Map of 155-159 Magnesium Drive

Directions
  • Train stations within 5 km of 155-159 Magnesium Drive, Crestmead, QLD 4132Distance
    Kingston Station4.9 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 155-159 Magnesium Drive, Crestmead, QLD 4132Distance
    Julie St at Wallace Street730 m
    Browns Plains Rd at Fifth Avenue759 m
    Augusta St at Pinnington Park763 m
    Trulson Dr Near Limerick Dr986 m
    Trulson Dr Near Brushbox St987 m
    POWERED BY HERE ©
POWERED BY HERE ©

Land-rich Investment Underpinned by Iconic QLD Business

  • 5,098sqm of GFA over three buildings
  • Regular shaped 12,600sqm site
  • 5-year lease returning $662,740 pa net
Modus Property Group is pleased to present 155-159 Magnesium Drive, Crestmead to the market for sale.

This offering presents an opportunity to acquire the Headquarters of an iconic Queensland business in a core industrial market along the Logan Motorway.

Salient features include:

- 5,098sqm* of GFA across three separate buildings
- Regular shaped 12,600sqm* site with ability to subdivide in future (STCA^)
- 40% site cover providing excellent external storage and truck manoeuvring areas
- 3 crossovers to site for ideal truck access
- 3 separate awnings totalling 1,500sqm*
- 6.2t* overhead crane in Building 2
- High power supply and substantial existing solar
- Multiple on-grade roller doors with drive-through capacity
- Brand-new 5 year lease
- Returning a below market rent of $662,740* per annum net + GST ($130/sqm)
- Head office of the iconic Titan Garages & Sheds, with 27 locations cross QLD and NSW

Crestmead is ideally situated in proximity to three major Motorway's, these include Mount Lindesay Highway, Logan Motorway & Gateway Motorway. These major thoroughfares provide access to all regions of the SEQ market.

The property is offered via on market Expressions of Interest closing Thursday 16th May at 4pm (AEST).

For a detailed information package or to arrange an inspection, please contact the Exclusive Agents at Modus Property Group.

*Approx.
^Subject to Council Approval

Property ID: 504570856Last Updated: 18 Apr 2024

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