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155-159 Magnesium Drive
Crestmead QLD 4132
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155-159 Magnesium Drive Crestmead QLD 4132

  • Factory, Warehouse & Industrial
  • 5,098 m²
  • Expressions of Interest

Land-rich Investment Underpinned by Iconic QLD Business

  • 5,098sqm of GFA over three buildings
  • Regular shaped 12,600sqm site
  • 5-year lease returning $662,740 pa net

Modus Property Group is pleased to present 155-159 Magnesium Drive, Crestmead to the market for sale.

This offering presents an opportunity to acquire the Headquarters of an iconic Queensland business in a core industrial market along the Logan Motorway.

Salient features include:

- 5,098sqm* of GFA across three separate buildings
- Regular shaped 12,600sqm* site with ability to subdivide in future (STCA^)
- 40% site cover providing excellent external storage and truck manoeuvring areas
- 3 crossovers to site for ideal truck access
- 3 separate awnings totalling 1,500sqm*
- 6.2t* overhead crane in Building 2
- High power supply and substantial existing solar
- Multiple on-grade roller doors with drive-through capacity
- Brand-new 5 year lease
- Returning a below market rent of $662,740* per annum net + GST ($130/sqm)
- Head office of the iconic Titan Garages & Sheds, with 27 locations cross QLD and NSW

Crestmead is ideally situated in proximity to three major Motorway's, these include Mount Lindesay Highway, Logan Motorway & Gateway Motorway. These major thoroughfares provide access to all regions of the SEQ market.

The property is offered via on market Expressions of Interest closing Thursday 16th May at 4pm (AEST).

For a detailed information package or to arrange an inspection, please contact the Exclusive Agents at Modus Property Group.

*Approx.
^Subject to Council Approval

EXPRESSION OF INTEREST

Closing date and time16/05/2024 16:00
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Floor Area5,098 m²
Land Area1.26 ha
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019191750
Category
Last updated  18 Apr 2024
Map for 155-159 Magnesium Drive Crestmead QLD 4132

Property Highlights

Floor Area5,098 m²
Land Area1.26 ha
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019191750
Category
Last updated  18 Apr 2024
1 James St Fortitude Valley QLD 4006

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Property FAQs

The agent has not listed a sale price for 155-159 Magnesium Drive Crestmead QLD 4132. Contact the agent for a price guide.
The floor area for 155-159 Magnesium Drive Crestmead QLD 4132 is 5,098 m².
The land area of 155-159 Magnesium Drive Crestmead QLD 4132 is 1.26 ha.
Yes, there is on-site parking space available at 155-159 Magnesium Drive Crestmead QLD 4132.
155-159 Magnesium Drive Crestmead QLD 4132 is currently tenanted.
The property highlights for 155-159 Magnesium Drive Crestmead QLD 4132 are '5,098sqm of GFA over three buildings', 'Regular shaped 12,600sqm site' and '5-year lease returning $662,740 pa net'.
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