 Asset Class: | Industrial |
 Price: | $ 5300000 |
 Net Yield: | 6.11 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | Off Market |
On offer is a fully leased freehold industrial investment in Stafford Business Park, just 5.5 km* from Brisbane’s CBD and 6.5 km* from the airport. The property spans 1,779m2* of Low Impact Industry-zoned land with a GFA of 1,278m2* and offers excellent connectivity via Gympie Road and the Airport Link Tunnel, making it ideal for logistics and distribution.<br><br>The asset already benefits from circa $2M in capital improvements, plus is occupied by 3 solidified tenants being Louenhide, Valhalla Tactical, and E6 Flooring. It has a current net income of $317,000* pa, increasing to $324,000* pa before settlement—boosting the yield to 6.17%. All tenants are on fully net leases covering outgoings, including land tax and management.<br><br>With strong tenancy security, built-in rental growth, and a prime frontage along Harvton Street for maximum visibility and accessibility, this is a well-positioned investment with significant long-term upside.
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<p style=""><span style="color:rgb(0, 0, 0);">Stafford is rapidly gentrifying and provides an exceptional fringe alternative for near city occupiers. Located just 8 km north of Brisbane’s CBD, Stafford offers strategic benefits for businesses in the industrial and logistics sectors due to its excellent connectivity and infrastructure. The suburb’s proximity to major arterial roads, including Gympie Road and the Airport Link Tunnel, ensures fast access to Brisbane Airport, the Port of Brisbane, and interstate highways, making it ideal for freight and distribution. Overall, Stafford combines logistical advantages, strategic location, and community infrastructure, making it a prime choice for operational efficiency.</span></p><br><p style=""><span style="color:rgb(68, 114, 196);"><b>Brisbane City Overview</b></span></p><p style=""><span style="color:rgb(0, 0, 0);">Brisbane is QLD’s capital city and considered one of Australia’s premier tourist and sports destinations. Alongside its proximity to many eastern coast beach lines, it is deemed Australia’s third largest city and home to more than 2,543,800 residents forecasted to grow to 3,500,000 by 2041. The 3 largest industries for employment include Health Care and Social Assistance, professionals, public administration, and safety. Brisbane is the largest contributor to economic activity within the state of QLD, set to experience over $25 billion in new infrastructure expenditure by 2031. The city is a world leader in many areas of research and home to 3 of Australia’s top universities. Brisbane has also staged major business events on the global stage, such as the G20 Leaders’ Summit in 2014.</span></p><br><p style=""><span style="color:rgb(68, 114, 196);"><b>Queensland Growth</b></span></p><p style=""><span style="color:rgb(0, 0, 0);">Queensland’s $500 billion economy has been supported by continued, strong population growth and a resource boom over the past two decades, exceeding the national average and placing the state in a strong position to exceed growth expectations. In the 12 months leading up to April 2024, QLD has seen a 2.2% growth rate in its retail trade during, resulting in an increase of $137 million in trade turnover. QLD achieved the third-highest population growth rate of 2.6% during the 12 months leading up to June 2023. Regarding employment, for the year ending in April 2024, the QLD growth rate rose again by a further 3.96%, employing over 111,000 individuals.</span></p>
Additional Location Information FileInitial Term:
Security:
Security Info:
14 Harvton Street, Stafford - 1,278m2 - $253/m2 TD/10 Wolverhampton Street, Stafford - 324m2 - $270/m2 T1/41-55 Kenyon Street, Eagle Farm - 1,209m2 - $290/m2 (Lingentia) T2/41-55 Kenyon Street, Eagle Farm - 375m2 - $333/m2 T3/41-55 Kenyon Street, Eagle Farm - 483m2 - $300/m2 (Fijitsu) 39 Bunya Street, Eagle Farm - 350m2 - $307/m2
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<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Freestanding office/warehouse at a cracking yield</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);font-style:normal;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Under rented with a low WALE</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Infill location, only 15 minutes from Brisbane’s CBD</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Strong connectivity to Port of Brisbane and key arterials</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);font-style:normal;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Z</span><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">oned: Low Impact Industry</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);font-style:normal;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Site area: 1,779m2*</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Building area: 1,278m2*</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);font-style:normal;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Current Net Income: $324,000* pa</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Tenants pay all outgoings, including land tax and MGMT fees</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Flexible offering of retail, office, showroom and light industry warehousing</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Secure income stream with diverse tenant profiles</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Strong connectivity to major arterials (Gympie Road and the Airport Link Tunnel)</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Staggered lease expiry profiles with a short WALE providing income upside</span></p></li></ul>
