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Cushman & Wakefield - Brisbane

541 Bilsen Road Geebung, QLD 4034

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541 Bilsen Road,
Geebung, QLD 4034

Warehouse, Factory & Industrial

Key property information

Land area

Floor area

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Cushman & Wakefield - Brisbane
Gary Hyland
Myles Fredericksen

Cushman & Wakefield - Brisbane

Level 27, 123 Eagle Street
BRISBANE CITY, QLD 4000
Cushman & Wakefield - Brisbane
541 Bilsen Road
Geebung, QLD 4034

Map of 541 Bilsen Road

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3ha* Infill Site with Income & Development Upside

  • Prime core infill location
  • 30% site cover
  • High net passing income
Cushman & Wakefield as exclusive agents is pleased to offer to the market via an expressions of interest campaign, the opportunity to purchase 541 Bilsen Road, Geebung.

This rare 3ha+ property is one of the last sites of scale within a core infill precinct that is undergoing unprecedented rental growth. The current offering is still in huge demand from occupiers and tenants, boasting functional warehouses, low site cover, heavy duty hardstand and a large power supply.

Key features include:

- 10,000sqm* of improvements across 4 separate buildings
- 30,650sqm* General Industry B Site
- Regular shaped site with under 30*% site cover
- Majority of the site is sealed concrete for heavy hardstand uses
- Recently upgraded fire and sprinkler systems
- Huge power supply
- 100%* of site is occupied by Haggarty Group (RX Plastics) a PVC manufacturer
- 5 Year net lease returning $1,950,000 per annum
- Approximately 150m of frontage to Bilsen Road
- Redevelopment clause benefiting incoming purchaser

541 Bilsen Road, Geebung is strategically located approximately 11*km from the Brisbane CBD, one of northern Brisbane’s most tightly held and well-established industrial precincts. Bilsen Road is one of the major feeder roads in the precinct and is conveniently accessed off both Zillmere Road and Robinson Road, whilst running parallel to Sandgate Road. The property offers fantastic access to all major arterial including the Gateway Motorway and Gympie Road.

For more information or to arrange an inspection, please contact the Exclusive Agents at Cushman & Wakefield.

*Approx.

Geebung, 4034 demographic data

4,850
Population
$2,179 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households

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