1 & 2, 87 Bancroft Road, Pinkenba, Qld 4008

Modus Property Group is pleased to be exclusively representing Lot 1 & 2 / 87 Bancroft Road, Pinkenba, which is being offered for sale individually or in-one-line.

This is an exceptional opportunity to acquire a high quality, land-rich industrial asset providing an immediate opportunity for value-add development, reversion or the ability to occupy. The property is located in one of Brisbane most desirable industrial precincts, just 18 minutes from the Brisbane CBD and within close proximity to major transport routes & infrastructure including Brisbane Airport.

Opportunity Highlights.
 
Lot 1 & 2 (in-one-line):
 
- 2,834sqm* total GFA on 19,739sqm* site
- Combined net passing income of $735,820.31* net p.a.
- WALE of 3.24 years (by income) as of December 2024
- Ability to access immediate rental reversion

Lot 1:

- Superb, low site coverage industrial facility with high corporate appeal
- 2,834sqm* of GFA + 466sqm* wash bay (providing 3,300sqm* under-roof)
- Situated across 10,280sqm* site - 27.56% site coverage
- Feature packed building includes three overhead gantry cranes, dedicated wash bay and large power supply
- Stabilised income underpinned by a publicly listed company
- General Industry B zoning permitting low impact to heavy impact industry

Lot 2: 

- 7,921sqm* (9,459sqm* including common driveway on title)
- Current DA approval for 3,938sqm* office & warehouse
- Fully serviced site with access to water/sewer, electricity & gas
- Sealed bitumen and concrete improved land
- Fully secure with complete permitter fencing
- General Industry B zoning permitting low to heavy impact industry
- Available to occupy or value add via development or immediate rental reversion
 
The property is being offered for Sale via an Expressions of Interest campaign closing Thursday 10th October at 4pm (AEST).

*Approx.