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140 Magnesium Drive

140 Magnesium Drive, Crestmead, QLD 4132

For Sale Industrial/Warehouse
Please Contact Agents
Property No. 633

Building Information

Versatile Brisbane Industrial Property

JLL is pleased to present for sale 140 Magnesium Drive, Crestmead. The subject property is located within the established southern industrial suburb of Crestmead, which is approximately 25 radial kilometres south of the Brisbane CBD and approximately 2 radial kilometres west of the city of Logan. The property is located within the Crestmead Industrial Estate, which was developed by the State Government. The estate has direct access to Browns Plains Road, which in turn provides access to the Logan Motorway and Mt Lindesay Highway. Features of the estate include extra wide roads providing exceptional B-Double access as well as natural gas. Current occupiers currently located in the estate include Metcash, John Deere, Stramit, Lion, Atco and Direct Freight Express.

Key attributes of the investment opportunity include:

- WALE of 4.3 years over 3 tenancies
- Staggered lease expiry across the property
- Currently returning $615,219* net per annum
- 6,576sqm* situated on a 16,360sqm* site
- Well established tenants with an opportunity to extend lease profile
- Strategically located asset with outstanding access to major arterials.


For further information or to arrange an inspection please contact the exclusive JLL marketing agents listed above.

*Approx.

Last updated

28 Jun 2017

Building

Whole

Floor area

6,576 sqm

Land area

16,360 sqm

Tenure Type

Tenanted

ParkingComments

ample on site

Within walking distance

Within walking distance

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