Interchange Industrial Estate, Saltwater Circuit, Narangba QLD_Property for Sale

Saltwater Circuit 54, Narangba, QLD, 4504, AU

Interchange Industrial Estate, Saltwater Circuit, Narangba QLD

Asset description

JLL Capital Markets, together with CBRE, are pleased to offer for sale a portfolio of three institutional grade logistics estates located across core Sydney and Brisbane industrial precincts.

The portfolio consists of a collection of 100% freehold interests, and can be purchased either in-one-line or individually. The portfolio comprises;

Kookaburra Industrial Estate, 2 Kookaburra Road N, Prestons NSW
Interchange Industrial Estate, Saltwater Circuit, Narangba QLD
250 South Pine Road, Brendale QLD

Interchange Industrial Estate, Saltwater Circuit, Narangba QLD

Interchange Industrial Estate, the premier estate within the industrial precinct of Narangba, approximately 30km north of the Brisbane CBD, and immediate access to the Bruce Highway. The estate offers exceptional access attributes with convenient access to Brisbane, Port of Brisbane, Brisbane Airport and the Sunshine Coast.

The asset comprises 7 freestanding modern logistics buildings across 6 individual titles with tenancy sizes ranging from 2,540sqm to 10,310sqm. The estate has been developed from 2012 to 2022 and comprises high quality logistics accommodation with excellent occupier appeal.

For sale via International Expressions of Interest Closing: Thursday, 27th June 2024 at 3pm (AEST).

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Attributes

Building area gross

34,189 sm

Occupancy

100%

Land area gross

95,630 sm

Media

Investment highlights

Occupancy: 100% leased
Each building is freestanding with excellent truck articulation
10-metre springing height to warehousing
ESFR sprinklered throughout
Excellent truck access with large, heavy duty aprons and combination of on-grade and recessed docks with canopy cover
Attached modern office areas
CLEANAWAY occupy a purpose built truck storage facility with workshop and office areas
Lot 7 comprises a bitumen carpark occupied by both APEX and CLEANAWAY and affords future redevelopment opportunities