Expressions of interest for industrial gem at Eagle Farm

EXPRESSIONS of interest are being sought for the rare opportunity to purchase a modern industrial freestander at 30 Eagleview Place, Eagle Farm.

The 2,146sq m* regular-shaped site is improved by a 1,396sq m* tilt panel concrete office/warehouse in arguably the most sought-after location in the Australia TradeCoast precinct.

The asset is being marketed by Ray White Commercial Queensland Associate Director – Industrial Transactions Dan Costello.

Mr Costello said the property is being offered with vacant possession and the key features of the building will attract a multitude of potential buyers.

“This freestander has everything a small business with  a warehousing requirement could possibly want, with excellent off-street car parking and truck turning,” he said.

“The property features a 513sq m* office/showroom area over two levels and comes with staff kitchens and toilets over both floors.

“The 883sq m* column-free warehouse is a real selling point, with a heavy-duty mezzanine floor over a workshop and a single electric container-height roller shutter.”

Mr Costello said the location of the asset was a real drawcard with the property being superbly located on Eagleview Place.

“This location is recognised well by the market as it’s approximately 6.8 radial kilometres from Brisbane CBD,” he said.

“Businesses will also appreciate the proximity of Brisbane Airport that’s only 9.4km* away, Port of Brisbane being 17.3km* away and Brisbane Cruise Terminal a mere 2.9km* away.

“To complement, the property has superior amenity in the immediate vicinity; Royal Queensland Golf Club, Portside Wharf and the retail of Racecourse Road Ascot.”

Ray White’s Head of Research Vanessa Rader said prime quality stock is in high demand for rent by small businesses with a mix of tenant type spread across the TradeCoast region.

“In the sub 2,000sq m industrial market there’s strong demand by smaller business operators to both buy and rent in this location, highlighting the growing owner-occupier and private investor sales market,” Ms Rader said.

“The investment market is also performing well, with owner-occupier businesses being able to access finance to purchase as an alternative to renting, while private investors can see the value proposition of these assets.”

Expressions of interest close on Thursday 6 December at 4pm.

*Approximately.