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1 Ashburn Road
Bundamba QLD 4304
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JLL Brisbane

1 Ashburn Road Bundamba QLD 4304

  • Factory, Warehouse & Industrial
  • 26,573 m²
  • Expressions of Interest

Institutional Grade Logistics Investment

  • A-grade distribution facility
  • 100% leased to ASX-listed covenant
  • $3,727,920* p.a. annual net income

Modus Property Group in conjunction with JLL Capital Markets, Logistics & Industrial are pleased to offer for sale 1 Ashburn Road, Bundamba QLD.

The asset comprises a substantial landholding of 5.1ha* accommodating an A-grade warehouse/office distribution centre providing a total lettable area of 26,573sqm*.

The asset is 100% leased to The Reject Shop with a WALE of 5.1 years (as at Dec-24) and net passing income of $3,727,920* p.a. ($140/sqm GLA).

Key Investment Highlights include:

- The Reject Shop (ASX:TRS) are a longstanding occupier of the site and have made significant capital investment into operations at the facility in recent years. The facility acts as their main distribution centre to over 80 retail fronts in Queensland
- 26,573sqm* GLA across a highly functional office/warehouse facility with drive around truck access via crossovers on Hume Drive and Ashburn Road.
- 5.1ha* site with direct connectivity to various major arterials including Ipswich Motorway, Cunningham Highway and Warrego Highway
- ESFR sprinkler system throughout
- Highly efficient layout with loading docks and on-grade doors servicing two sides of the facility
- Warehouse is accessed via 13 loading docks (with levellers) and 20 on-grade roller doors
- Two separate and extensive hardstand aprons of 50m providing best in class external storage and truck manoeuvrability

The property is offered for sale via Expressions of Interest closing Wednesday 23rd October at 4pm AEST.

For further information please contact the Exclusive Marketing Agents.

*Approx.

EXPRESSION OF INTEREST

Closing date and time23/10/2024 16:00
Recipient nameAsk Agent
Delivery addressAsk Agent
JLL Brisbane
JLL Brisbane
Central Plaza One, Level 39/345 Queen St
Brisbane City, QLD 4000

Property Highlights

Floor Area26,573 m²
Land Area5.09 ha
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019511277
Category
Last updated  23 Sep 2024
Map for 1 Ashburn Road Bundamba QLD 4304
JLL Brisbane
JLL Brisbane
Central Plaza One, Level 39/345 Queen St
Brisbane City, QLD 4000

Property Highlights

Floor Area26,573 m²
Land Area5.09 ha
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019511277
Category
Last updated  23 Sep 2024

Co-Agents

Jack Pershouse
Modus Property Group Pty Ltd
Call
0439 673 131
David Gibson
Modus Property Group Pty Ltd
Call
0431 119 602

More about 1 Ashburn Road Bundamba QLD 4304

1 Ashburn Road Bundamba QLD 4304 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 26,573 m² and a land area of 5.09 ha. The listing ID for this property is 2019511277.

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