/
Images
×
1677 Beenleigh Road, Underwood, QLD, 4119
Images
Virtual Tour
Video

Property Highlights

SIGNED, SEALED, DELIVERED | YOUR NEXT GROWTH INVESTMENT
 
Regional distribution and land banking/re-development opportunity at Underwood, just off the M1 Pacific Motorway and approximately 17.5km from the Brisbane CBD.

  • $2million* holding income from Australia Post
  • 9.78ha* site in growth corridor
  • 24,873sqm* distribution facility

Colliers International, on behalf of Australia Post, are pleased to present this outstanding regional distribution and land banking/re-development opportunity at Underwood, just off the M1 Pacific Motorway and approximately 17.5km from the Brisbane CBD.
 
Surplus to needs and being sold via a short term leaseback, this strategic offering comprises a 24,873sqm* distribution facility on some 97,840sqm* of prime infill land.  Key details are as follows;

  • 97,840sqm* of land adjacent to both residential and retail uses
  • Flexible zoning allows for a range of repurposing opportunities including code assessible high residential, leisure and industrial uses
  • Existing improvements purpose built for Australia Post to incredibly high standards
  • Building area of some 13,659sqm* includes a fully sprinklered and airconditioned main warehousing area along with a protected 10,096sqm distribution awning
  • Truck servicing, wash, park and refuel facilities are located onsite
  • Substantial staff amenities are in place in line with a facility of this calibre
  • Short term leaseback until July 2020 + 6 month option, returning $2,050,000 per annum net plus GST will be offered as part of the sale process 

This is a rare infill land parcel in a tightly held precinct.  Our research indicates that sites within 20 radial kilometres from the Brisbane CBD in excess of 5 hectares will become increasingly rare over the next 10 years, further underlining the investment fundamentals of this offering.
 
*Approx.

Remember to mention you found this property on DevelopmentReady

calculator-icon Yield Calculator
calcultor-icon Yield Calculator
×
$ ×
$ ×
%

Due Diligence Tool

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Explore other suburbs in this area
Enquire Now