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68-74 Badu Court
Meadowbrook QLD 4131
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68-74 Badu Court Meadowbrook QLD 4131

  • Factory, Warehouse & Industrial
  • 4,411 m²
  • Expressions of Interest

PRIME LOGAN MOTORWAY INVESTMENT OPPORTUNITY

  • 2.8yr WALE with strong rental reversion
  • Leased investment to strong covenant

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.

EXPRESSION OF INTEREST

Closing date and time03/10/2024 16:00
Recipient nameAsk Agent
Delivery addressAsk Agent
Cushman & Wakefield Brisbane
Cushman & Wakefield Brisbane
Level 11/123 Eagle Street
Brisbane City, QLD 4000

Property Highlights

Floor Area4,411 m²
Land Area1.03 ha
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019474931
Category
Last updated  6 Sep 2024
Map for 68-74 Badu Court Meadowbrook QLD 4131
Cushman & Wakefield Brisbane
Cushman & Wakefield Brisbane
Level 11/123 Eagle Street
Brisbane City, QLD 4000

Property Highlights

Floor Area4,411 m²
Land Area1.03 ha
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019474931
Category
Last updated  6 Sep 2024

Co-Agents

Matt Richards
Cushman & Wakefield Brisbane
Call
0400 467 613
Gary Hyland
Cushman & Wakefield Brisbane
Call
0413 288 933

More about 68-74 Badu Court Meadowbrook QLD 4131

68-74 Badu Court Meadowbrook QLD 4131 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 4,411 m² and a land area of 1.03 ha. The listing ID for this property is 2019474931.

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