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