![]() Asset Class: | Retail |
![]() Price: | $ 9400000 |
![]() Net Yield: | 6.12 % |
![]() Net Yield - including solar strategy: | % |
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<span style="color:rgb(0, 0, 0);font-style:normal;">On offer is a commanding dual-site investment spanning over 3,200m2* in the heart of Logan Central’s thriving commercial precinct. This amalgamated asset comprises two fully leased freehold properties, presenting a substantial 1,430m2* of net lettable area with a strong combined net income of $575,491 pa*. Strategically positioned along Station Road, both sites benefit from excellent street exposure, high foot traffic, and proximity to key transport and retail infrastructure, including Woodridge Train Station, Logan Central Plaza, and numerous government agencies.</span><br><br><span style="color:rgb(0, 0, 0);font-style:normal;">The property at 17–19 Station Road is anchored by The Busy Group and Asset College, nationally recognised education and employment organisations. It boasts a recently refurbished two-storey commercial building with a $1 million vendor-funded upgrade, encompassing disability access and modern amenities. The adjacent site at 15 Station Road is leased to HELP Employment, a respected disability employment and training provider with over 40 sites across Queensland. The property is fitted with a purpose-built interior and includes 16 on-site car parks, enhancing functionality and tenant retention.</span><br><br><span style="color:rgb(0, 0, 0);font-style:normal;">With both sites falling within Logan Central’s Masterplan and the Croydon Road Precinct, the combined offering is primed for medium-to-long-term development upside, supported by a flexible 'Centre' zoning that allows for future construction up to six storeys (STCA). The Logan region continues to experience rapid population and infrastructure growth, underpinned by $18.9 billion in committed projects and a projected 59% population increase by 2041, making this an exceptional opportunity to secure a large-scale asset in a booming urban corridor.</span><br><br><span style="color:rgb(0, 0, 0);font-style:normal;">This is a rare chance to acquire a prominent, income-generating asset with secure national tenants, long lease profiles, strong rental growth mechanisms, and future redevelopment potential in one of South-East Queensland’s fastest-growing cities.</span>
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<p style="margin-inline-start:0cm;"><span style="color:rgb(0, 0, 0);">Logan Central serves as the administrative and commercial heart of Logan City, a rapidly expanding region in SEQ. Strategically located between Brisbane, the Port of Brisbane, the Gold Coast, Redland City, and Ipswich, it benefits from direct access to key transport corridors, including the Logan and Gateway Motorways, cementing its status as a critical hub for business, logistics, and urban development within the Greater Brisbane region. As one of Australia’s fastest-growing areas, Logan City currently has a population of 363,300, projected to increase by 59% to 586,000 by 2041. This rapid expansion is underpinned by a thriving economy, generating a Gross Regional Product (GRP) of $16.45 billion and supporting over 23,409 businesses and 126,300 jobs as of December 2024. Logan’s connectivity, economic strength, and skilled workforce continue to attract multinational corporations. To accommodate this surge, significant investment is underway, with $18.9 billion in publicly funded projects driving residential, commercial, and infrastructure development, alongside $1.2 billion in capital works committed to enhancing Logan Central’s urban landscape. A key focus of this development is the Master Plan Town Centre Frame Area, positioned as a future hub for retail and commercial expansion. With its prime location, robust economic performance, and large-scale infrastructure investment, Logan Central is evolving into a major commercial and employment hub, offering long-term appeal for businesses, investors, and residents alike.</span></p><br><span style="color:rgb(0, 0, 0);"><b>Brisbane City Overview</b></span><br><span style="color:rgb(0, 0, 0);">Brisbane is QLD’s capital city and considered one of Australia’s premier tourist and sports destinations, characterised by its stunning natural beauty along the banks of the Brisbane River and surrounding parklands and green spaces. Alongside its proximity to many eastern coast beach lines, Brisbane is 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 are Health Care & Social Assistance, professionals, public administration & safety.</span><br><br><span style="color:rgb(0, 0, 0);"><b>Queensland Growth</b></span><br><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>
Additional Location Information File<span style="color:rgb(0, 0, 0);background-color:transparent;"><b>HELP Employment & Training – 15 Station Road</b></span><br><span style="color:rgb(0, 0, 0);background-color:transparent;">HELP is a Queensland-based not-for-profit focused on empowering individuals with disabilities through employment, training, housing, and wellbeing support services. With over 50 years of experience and a presence across 40+ South-East Queensland locations, HELP delivers Disability Employment Services (DES), Skilling Queenslanders for Work programs, and various community initiatives. The organisation is supported by long-standing government contracts and maintains a strong track record in workforce participation and social inclusion.</span><br><br><span style="color:rgb(0, 0, 0);background-color:transparent;"><b>The Busy Group – 17-19 Station Road</b></span><br><span style="color:rgb(0, 0, 0);background-color:transparent;">One of Australia’s largest Apprenticeship Support Network (ASN) providers, The Busy Group delivers employment, training, and disability services across more than 100 locations nationally. Backed by federal government funding and employing over 1,000 staff, the group’s services include job placement, career transition, and vocational training. Their Logan Central tenancy supports youth and long-term jobseekers with tailored programs in partnership with employers and government.</span><br><br><span style="color:rgb(0, 0, 0);background-color:transparent;"><b>Asset College – 17-19 Station Road</b></span><br><span style="color:rgb(0, 0, 0);background-color:transparent;">A nationally accredited Registered Training Organisation (RTO), Asset College offers a range of certificate and diploma-level qualifications in security, business, and training & assessment. With a footprint across 12 locations and growing, the college caters to both private and corporate clients. The Logan site delivers in-demand programs with a focus on job-readiness and employment outcomes.</span>
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*We have allowed for a $4,000 buffer variance in the net income as a contingency. Therefore, we believe the net income to be $575,491* pa after<span style="color:rgb(51, 51, 51);"> all outgoings including management and insurance.</span>
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15-19 Station Road, Logan Central - 1,430 - $402/m2 7 & 9 Station Road, Logan Central - 581m2 - $400/m2 (estimated current rents)
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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(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);background-color:transparent;font-weight:normal;font-style:normal;">Two freehold investments in premium development corridor</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);background-color:transparent;font-weight:normal;font-style:normal;">Ample holding income until further development required</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);background-color:transparent;font-weight:normal;font-style:normal;">3 secure tenants on long leases</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);background-color:transparent;font-weight:normal;font-style:normal;">Total NLA: 1,430m2*</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);background-color:transparent;font-weight:normal;font-style:normal;">Total Land Area: 3,211m2*</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);background-color:transparent;font-weight:normal;font-style:normal;">Zoned: Major Centre (Centre Zone) – up to 6-storey development potential (STCA)</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);background-color:transparent;font-weight:normal;font-style:normal;">Combined Net Income: $575,491* + GST pa (as at July 2025)</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);background-color:transparent;font-weight:normal;font-style:normal;">Future Rental Uplift: The Busy Group rent review July 2025 (CPI + 1%)</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);background-color:transparent;font-weight:normal;font-style:normal;">Cap ex: $1M refurbishment at 17 Station Road, including new lift and full internal upgrades</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);background-color:transparent;font-weight:normal;font-style:normal;">Parking: 62 on-site car parks across both properties</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);background-color:transparent;font-weight:normal;font-style:normal;">Tenants pay most outgoings as per leases</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);background-color:transparent;font-weight:normal;font-style:normal;">Logan LGA: Forecast 59% population growth to 586,000 by 2041, $18.9B in committed infrastructure</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;">Surrounded by government and social service tenants providing stable economic ecosystem</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;">Walking distance to major retail amenities including Woodridge Train Station and multiple shopping centres</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);background-color:transparent;font-weight:normal;font-style:normal;">Nearby McDonald’s, Hungry Jack’s, ALDI & KFC</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;">Located in Logan City - benefiting from $1.2 billion committed to future capital works projects</span></p></li></ul>