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Active Asset Management 

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Integrated Property Group

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$233 Million in Assets Under Management 


Integrated Property Group


$233 Million in Assets Under Management


Active Asset Management


 

The freehold property is located within the Pinkenba industrial precinct, adjoining the Brisbane Airport on the northern side of the Brisbane River.  The site has immediate access to the major arterial road network including the Bruce Highway and only minutes from the Gateway Bridge.

When construction is completed in early 2018, the property will operate as as a resource recovery facility for soil, rock, gravel and construction materials.  

A subsidiary of the Byrne Group, a market leader in Queensland's recycling industry and operator of a similar facility in Pinkenba, has pre-committed to a 15 year lease to start upon practical completion of construction.

The four hectare site will have low site coverage and improvements, consisting of predominantly hardstand, a 2,000m²  facility and various site offices.   

 

Property Details

Year of Construction 2018
Acquisition Date 2017
Capitalisation Rate 7.37%
Valuation $19,000,000
Valuation Date May 2017
Valuation Type  Independent 
Ownership Interest 100%
NABERS Rating N/A
NLA 40,464m² (Land)
Car Spaces N/A

Tenant Profile

Number of Tenants One
Occupancy 100%
WALE 15  years at completion in early 2018.

Leasing Opportunities

This property is fully leased.

Contact GARDA on 07 3002 5300 or This email address is being protected from spambots. You need JavaScript enabled to view it.  for property inquiries.



Garda Capital Group

1300 889 100

Level 21, 12 Creek Street, Brisbane QLD 4000

GPO Box 5270, Brisbane QLD 4001

Ph: +617 3002 5300 Fax: +617 3002 5311
Email: contact us form

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