Cushman & Wakefield Brokerage & Logistics are excited to offer for sale 68-74 Badu Court, Meadowbrook, a prime grade industrial building leased to wholesale group Splosh Australia, and strategically located on the Logan Motorway and within one of South-East Queensland's fastest growing logistics locations Logan City.
Key investment highlights include;
- 4,411sqm concrete tilt-panel industrial facility on 10,270sqm (43% site cover)
- Quality building with key design features including ESFR sprinkler system, 8 container height roller doors, internal warehouse clearance of 9.6m, corporate grade office & showroom on single level
- Future building upside with the ability to split into 2 tenancies
- 100% leased investment to strong tenant covenant in Splosh Australia
- Net passing income of $543,304pa with strong reversion in near future - market review in 2027
- Splosh Australia lease provides good fixed review structures of 3.0% p.a. and additional security via bank guarantee in place
- Core industrial location with direct access to major arterial road networks including the Logan, Gateway, and Pacific Motorways
- Flexibility of surplus yard provides a major draw for potential future occupiers
- Leasing optionality as building has been future proofed to accommodate a single or multiple tenancies
This site presents as a rare opportunity to acquire a near new industrial investment in a highly constrained market with near term upside by capturing rental reversion.
The asset is being offer for sale via an Expressions of Interest (EOI) campaign closing Thursday, 3 October at 4pm (AEST).
For further information please contact the below exclusive marketing agents.
