 Asset Class: | Industrial |
 Price: | $ 1400000 |
 Net Yield: | 6.00 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | Off Market |
<span style="color:rgb(0, 0, 0);">On offer is a quality industrial investment in Geebung’s thriving commercial precinct. Constructed with durable tilt panel design, the property has a NLA of 344m2* and features high internal clearance and a fully fitted corporate office across 2 levels.</span><br><br><span style="color:rgb(0, 0, 0);">Situated within a well-maintained complex along Newman Road, a key commercial corridor, this property boasts seamless connectivity to Brisbane’s major transport routes, including direct access to Sandgate Road and the Gateway Motorway. Its strategic location ensures efficient links to the Port of Brisbane, Brisbane Airport, and the greater SEQ Trade Coast region, while ample on-site parking enhances accessibility and convenience.</span><br><br><span style="color:rgb(0, 0, 0);">While the seller is a related party, this is a prime Trade Coast asset with strong investment fundamentals. The property will come secured by a 2-year fully net lease with rents just below market value, positioning the incoming owner for solid rental uplift in two years. It is set to generate a first-year net income of $78,088* p.a., with rental reviews at the greater of 4% or CPI. Additional security is provided through a bank guarantee equivalent to 3 months’ gross rent.</span>
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Geebung is a vibrant and growing suburb located in the northern region of Brisbane, Queensland. Known for its proximity to major infrastructure, transportation hubs, and rapidly expanding residential and commercial spaces, Geebung presents a dynamic location for investors. The suburb benefits from its strategic location, community development initiatives, and proximity to key commercial and industrial areas. The following is a detailed profile covering Geebung's current economic landscape, demographic trends, recent improvements, and the benefits for investors<br><br><b>Key Economic Drivers</b><br><b>Residential Growth:</b> Over the past few years, Geebung has experienced steady growth in its residential housing sector, with new developments and improved amenities attracting families and professionals. The suburb offers a mix of affordable housing, medium-density apartments, and townhouse developments, providing a broad spectrum of options for both buyers and renters.<br><br><b>Commercial and Retail Growth:</b> The suburb has a growing retail precinct, including established shopping centres, local stores, and service-based businesses. Additionally, Geebung's proximity to major commercial districts, such as Chermside and Aspley, further bolsters its appeal for businesses looking to tap into Brisbane’s northern market.<br><br><b>Industrial Development:</b> Geebung's location near key industrial hubs and transport links supports its attractiveness for businesses in warehousing, logistics, manufacturing, and wholesale distribution. The nearby Sunshine Coast and Brisbane trade routes are vital for business operations, contributing to economic stability and growth in the region.<br><br><b>Infrastructure Investment:</b> A significant driver of the area's growth is its ongoing infrastructure development. Investments in road networks, rail connections, and local facilities are helping to support business and residential growth. This includes the upgraded Geebung Train Station, which provides an easy connection to Brisbane’s CBD and surrounding areas.<br><br><b>Key Improvements in Geebung</b><br><span style="font-weight:normal;">Transport and Connectivity: The Geebung Train Station is a key part of the region’s transport infrastructure, linking the area with Brisbane’s CBD and other northern suburbs. This development has significantly boosted the suburb's connectivity and accessibility.Upgrades to local roads and proximity to the Gateway Motorway and Bruce Highway have enhanced the accessibility of Geebung for businesses and residents alike.</span><br><br><b>Urban Renewal and Residential Development: </b>New residential developments and mixed-use precincts are emerging, which include modern apartment buildings, retail spaces, and communal areas. <br>The improvement of local amenities such as parks, recreational spaces, and healthcare facilities is making the area increasingly attractive for families and individuals seeking a convenient lifestyle.<br><br><b>Retail and Commercial Facilities: </b>The <span style="font-weight:normal;">development of Geebung's commercial precinct, including the expansion of shopping centres and service-oriented businesses, is expected to continue, providing increased retail options, restaurants, and entertainment venues.</span>
Additional Location Information FileInitial Term:
Security:
Security Info:
38/388 Newman Road, Geebung - 344m2 - $227/m2 12/368 Earnshaw Road, Banyo - 347sqm - $245/m2 7/10 Depot Street, Banyo - 274sqm - $289 2/39 Ellison Road, Geebung - 416m2 - $288/m2 1/39 Ellison Road, Geebung - 419m2 - $300/m2 1/25 Depot Street, Banyo - 219sqm - $228/m2 4/23 Ashtan Place, Banyo - 169sqm - $248/m2
Offer To Purchase:
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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;">Solid tilt panel industrial asset </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;">Easy to manage investment in strong location</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;">Zoned: General Industry A</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;">NLA: 344m2 office/warehouse</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;">Net Income: $78,088* pa net</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;">2-year lease in place at below market rents</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;">Rental reviews: Greater of 4% or CPI</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;">Security: 3 months gross rents + GST</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;">Functional clear span warehouse</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;">High internal clearance with container height rollers</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;">Quality corporate office space over 2 levels </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;">Ideal location along Newman Road, key commercial 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);font-weight:normal;font-style:normal;">Easy access to Sandgate Road and Gateway Motorway, connecting to the CBD and Airport</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;">Well-maintained complex with ample on-site parking</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;">Rare price bracket and yield for this location</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;">Below market rents</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;">Low, but long enough WALE to leverage on future capital growth</span></p></li></ul>
