 Asset Class: | Industrial |
 Price: | $ 1150000 |
 Net Yield: | 6.00 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | Off Market |
<span style="color:rgb(0, 0, 0);">Offered is a strata industrial investment in Redland Bay, a highly sought after new industrial precinct minutes from the M1 Pacific Motorway. The property is located in Redland Bay, a strategic industrial hub with high demand, low vacancy rates, and direct access to key transport routes including the M1 Pacific Motorway. Construction is almost complete, with titles expected to be released in the next month and we have been offered the first opportunity to acquire this exclusively and off market. </span><br><br><span style="color:rgb(0, 0, 0);">Unit 3 has a total lettable area of 337m2* and is of concrete tilt panel construction comprising a 277m2* clearspan warehouse, 60m2* storage mezzanine, 4.8m container-height roller, Colorbond steel roofing, and 6 allocated parking bays. The property is versatile, catering to a range of business types, and will be secured by an 18-month fully net leaseback to the developer, commencing upon settlement. Additionally, the developer will cover the leasing campaign with Ray White, a rarity with most developers.</span><br><br><span style="color:rgb(0, 0, 0);">This is a solid industrial investment in a prized location, with ample deprecation and is set to provide its incoming owner a net income of $69,085* pa, after all outgoings.</span>
How old is the asset?
Vendor's reason for selling?
Days property been on market?
Is this property strata titled?
Are the seller and tenant related parties?
How long has the current tenant been on site?
How long has the tenant been in business?
Is this property in a flood zone?
Is this lease a leaseback arrangement?
<span style="color:rgb(0, 0, 0);">Redland Bay is a high-growth suburb in Brisbane’s Bayside, located 32 km southeast of Brisbane’s CBD, offering seamless connectivity to both Brisbane and the Gold Coast via major road networks and public transport. With a marina and ferry service to Moreton Bay islands, the suburb blends a relaxed coastal lifestyle with strong infrastructure, making it highly desirable. Forming part of the Redlands Coast, Redland Bay supports a population of 158,000, projected to reach 200,000 by 2041, and contributes $7.38 billion to Queensland’s Gross State Product (1.58%), reinforcing its economic strength. The Redland Bay Business Park, a 22-hectare industrial hub, has further cemented the suburb’s position as a key commercial centre, attracting construction, manufacturing, and real estate businesses. With a booming commercial sector, low vacancy rates, and increasing demand for industrial assets, Redland Bay continues to be a prime location for investment. Its strategic positioning, economic growth, and infrastructure development solidify its role as a key growth corridor within Southeast QLD.</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 FileInitial Term:
Security:
Security Info:
<span style="color:rgb(0, 0, 0);">18-month lease back to commence upon settlement, once titles are released.</span><br><span style="color:rgb(0, 0, 0);">Base rent: $69,085* pa + GST</span><br><span style="color:rgb(0, 0, 0);">Outgoings recovered: 100% including MGMT and Body Corporate fees</span>
Additional Financial Information FileInitial Term:
Security:
Security Info:
3/84 Jardine Drive, Redland Bay - 337m2 - $205/m2 5/22 Daintree Drive, Redland Bay - 344m - $202/m2 8/36-44 Daintree Drive, Redland Bay - 318m2 - $215/m2 1/43-53 Daintree Drive, Redland Bay - 267m2 - $228/m2 2/33-35 Daintree Drive, Redland Bay - 272m2 - $240/m2 10/5-11 Jardine Drive, Redland Bay - 155m2 - $251/m2 gross (not directly comparable no mezz) 1/64 Jardine Drive @ $190/m2 -$180 net no mezz
Offer To Purchase:
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Initial Deposit:
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Due Diligence:
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Finance:
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Settlement:
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<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);margin-inline-start:0px;font-weight:normal;font-style:normal;">Industrial investment in boutique complex</span></p></li><li style="list-style-image:none;margin-inline-start:0px;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);margin-inline-start:0px;font-weight:normal;font-style:normal;">Brand new build with maximum depreciation available </span></p></li><li style="list-style-image:none;margin-inline-start:0px;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);margin-inline-start:0px;font-weight:normal;font-style:normal;">Concrete tilt panel construction with colorbond steel roofing</span></p></li><li style="list-style-image:none;margin-inline-start:0px;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);margin-inline-start:0px;font-weight:normal;font-style:normal;">NLA: 337m2*</span></p></li><li style="list-style-image:none;margin-inline-start:0px;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);margin-inline-start:0px;font-weight:normal;font-style:normal;">277m2* warehouse, 60m2* storage mezz</span></p></li><li style="list-style-image:none;margin-inline-start:0px;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);margin-inline-start:0px;font-weight:normal;font-style:normal;">6 allocated park bays</span></p></li><li style="list-style-image:none;margin-inline-start:0px;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);margin-inline-start:0px;font-weight:normal;font-style:normal;">4.8m container height rollers</span></p></li><li style="list-style-image:none;margin-inline-start:0px;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);margin-inline-start:0px;font-weight:normal;font-style:normal;">Net income: $69,085* pa + GST</span></p></li><li style="list-style-image:none;margin-inline-start:0px;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);margin-inline-start:0px;font-weight:normal;font-style:normal;">Fully net lease, tenant paying 100% outgoings including 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;">18 Month leaseback in place from settlement </span></p></li><li style="list-style-image:none;margin-inline-start:0px;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);margin-inline-start:0px;font-weight:normal;font-style:normal;">Vendor is funding leasing campaign costs</span></p></li><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;">Strategic and growing location, with low vacancy rates</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;">Ideally sized industrial unit within the park</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;">More photos to come</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;">Settlement won't occur until titles are released, which is expected to be in the next 30 days</span></p></li></ul>
