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
Private inspections
to arrange a private inspection.
Modus Property Group
1 James StreetFORTITUDE VALLEY, QLD 4006
155-159 Magnesium Drive
Crestmead, QLD 4132
Map of 155-159 Magnesium Drive
Train stations within 5 km of 155-159 Magnesium Drive, Crestmead, QLD 4132 Distance Kingston Station 4.9 km POWERED BY HERE ©Bus stops within 5 km of 155-159 Magnesium Drive, Crestmead, QLD 4132 Distance Julie St at Wallace Street 730 m Browns Plains Rd at Fifth Avenue 759 m Augusta St at Pinnington Park 763 m Trulson Dr Near Limerick Dr 986 m Trulson Dr Near Brushbox St 987 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
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
Modus Property Group1 James Street
FORTITUDE VALLEY, QLD 4006
FORTITUDE VALLEY, QLD 4006
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