28 Magnesium Drive,
Crestmead, QLD 4132
Development Sites & Land
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Blue Commercial - FORTITUDE VALLEY
Level 4, 89 McLachlan StreetFORTITUDE VALLEY, QLD 4006
28 Magnesium Drive
Crestmead, QLD 4132
Detailed listing
Map of 28 Magnesium Drive
Invest, Occupy or Develop – Only 27% Site Cover
- Leased to VISY until April 2026
- 27% site cover – 7,000sqm* hardstand
- 50m frontage to Magnesium Drive
Blue Commercial, on behalf of Westbridge Funds Management, proudly presents an outstanding opportunity to acquire a fully leased, freehold industrial asset with low site coverage and significant development upside.
Positioned in the tightly held industrial precinct of Crestmead and underpinned by a global tenant in Visy, this property’s short lease tail offers purchasers exceptional scope and flexibility.
Key Highlights:
- Anchored by Visy until 30th April 2026 offering secure holding income
- Low site cover: only 27% site cover enabling a range of development opportunities
- Logistically located providing ease of access to the Logan, Ipswich, Gateway and Pacific Motorways
- 50m frontage to Magnesium Drive with 2 cross overs adds flexibility to the development upside
Optimum flexibility:
- Occupy the property on an as is / where is basis taking advantage of the approx. 7,000sqm of dedicated hardstand
- Invest and re-lease; the low site cover is an extremely rare commodity in today’s market and will be highly sought after by occupiers
- Ability to sub-divide into two separate parcels whilst retaining existing warehouse (previous DA)
- Ability to build a further 3,100sqm (approx.) of GFA (subject to council approval)
The property is offered for sale via expressions of interest closing Thursday 21st August 2025 at 4pm (AEST).
For further information and to arrange an inspection please contact the exclusive agents:
Positioned in the tightly held industrial precinct of Crestmead and underpinned by a global tenant in Visy, this property’s short lease tail offers purchasers exceptional scope and flexibility.
Key Highlights:
- Anchored by Visy until 30th April 2026 offering secure holding income
- Low site cover: only 27% site cover enabling a range of development opportunities
- Logistically located providing ease of access to the Logan, Ipswich, Gateway and Pacific Motorways
- 50m frontage to Magnesium Drive with 2 cross overs adds flexibility to the development upside
Optimum flexibility:
- Occupy the property on an as is / where is basis taking advantage of the approx. 7,000sqm of dedicated hardstand
- Invest and re-lease; the low site cover is an extremely rare commodity in today’s market and will be highly sought after by occupiers
- Ability to sub-divide into two separate parcels whilst retaining existing warehouse (previous DA)
- Ability to build a further 3,100sqm (approx.) of GFA (subject to council approval)
The property is offered for sale via expressions of interest closing Thursday 21st August 2025 at 4pm (AEST).
For further information and to arrange an inspection please contact the exclusive agents:
Crestmead, 4132 demographic data
12,271
Population
$1,468 per week
Median household income
29 years
Median age
Owners
Most residents
Families
Most households
Blue Commercial - FORTITUDE VALLEYLevel 4, 89 McLachlan Street
FORTITUDE VALLEY, QLD 4006
FORTITUDE VALLEY, QLD 4006
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