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Cushman & Wakefield - Brisbane

50 Young Street Barney Point, QLD 4680

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50 Young Street,
Barney Point, QLD 4680

Development Sites & Land • Warehouse, Factory & Industrial • Medical & Consulting

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Cushman & Wakefield - Brisbane
Ned McConnel
Daniel Cullinane

Cushman & Wakefield - Brisbane

Level 27, 123 Eagle Street
BRISBANE CITY, QLD 4000
Cushman & Wakefield - Brisbane
50 Young Street
Barney Point, QLD 4680

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Rare Redevelopment Opportunity with Secure Holding Income

  • Large 5,032sqm* freehold landholding
  • New 5-year lease to Anglicare
  • High profile location
On behalf of the vendors, Cushman & Wakefield Investment Sales QLD are pleased to exclusively present to the market 50 Young Street, Barney Point, Queensland, for sale via an Expressions of Interest campaign closing on Thursday, 2nd October 2025 at 4:00pm (AEST).

Comprising a substantial 5,032sqm* freehold parcel, the site is underpinned by a new 5-year lease to Anglicare providing secure holding income of $132,094* net per annum until 2030. Originally constructed as the Port Curtis Co-operative Dairy factory, the property retains its historic industrial character, offering a unique opportunity for purchasers to leverage its heritage identity and immediate recognisability in a repositioning. With low impact industry zoning and generous landholdings, the site is ideally suited to a range of industrial, commercial, or mixed-use redevelopment outcomes (STCA), blending historic value with modern functionality.

Strategically located in Barney Point, the property sits within minutes of the Port of Gladstone, one of Queensland’s most critical trade gateways, and offers excellent access to the Gladstone–Benaraby Road and Dawson Highway. Its proximity to the CBD, health, education, and residential catchments further enhances its appeal for long-term redevelopment. With Gladstone undergoing significant infrastructure investment in energy, resources, and logistics, the property’s heritage profile and location position it as a compelling redevelopment opportunity underpinned by strong regional growth.

The property benefits from the following key features:
• 5,032sqm freehold landholding* within Gladstone’s established industrial precinct
• Secure lease to Anglicare providing $132,094* net annual income until 2030
• Historic ‘Butter Factory’ building, presents unique repositioning and redevelopment opportunities
• Low impact industry zoning enabling flexible redevelopment options (STCA)
• Close proximity to Port of Gladstone, CBD, major arterials, and residential catchments
• Located in a region supported by major infrastructure projects and economic diversification
• Rare chance to combine immediate income security with a heritage-led development strategy

This offering provides purchasers the rare opportunity to reposition the sentimental ‘Butter Factory’, an asset that delivers both income certainty and unique heritage appeal, with the flexibility to create a landmark redevelopment that celebrates Gladstone’s history, whilst aligning with its positive economic future.

For further information or to arrange an inspection please contact Daniel Cullinane or Ned McConnel of Cushman & Wakefield Investment Sales QLD.

*Approximate

Barney Point, 4680 demographic data

The median household income for Barney Point is $908, 40% lower than Regional Queensland's household income of $1,507. Barney Point has an older age profile compared to the rest of Regional Queensland (median age 46 vs 41). Property ownership data shows 37% of property owners in Barney Point have a mortgage.

1,065
Population
$908 per week
Median household income
46 years
Median age
Renters
Most residents
Families
Most households