1 Ashburn Road, Bundamba, Qld 4304

Modus Property Group in conjunction with JLL Capital Markets, Logistics & Industrial are pleased to offer for sale 1 Ashburn Road, Bundamba QLD.
 
The asset comprises a substantial landholding of 5.1ha* accommodating an A-grade warehouse/office distribution centre providing a total lettable area of 26,573sqm*. 
 
The asset is 100% leased to The Reject Shop with a WALE of 5.1 years (as at Dec-24) and net passing income of $3,727,920* p.a. ($140/sqm GLA).
 
Key Investment Highlights include:
 
- The Reject Shop (ASX:TRS) is a longstanding occupier of the site and has made significant capital investment into operations at the facility in recent years. The facility acts as their main distribution centre to over 80 retail fronts in Queensland
- 26,573sqm* GLA across a highly functional office/warehouse facility with drive around truck access via crossovers on Hume Drive and Ashburn Road.
- 5.1ha* site with direct connectivity to various major arterials including Ipswich Motorway, Cunningham Highway and Warrego Highway
- ESFR sprinkler system throughout
- Highly efficient layout with loading docks and on-grade doors servicing two sides of the facility
- Warehouse is accessed via 13 loading docks (with levellers) and 20 on-grade roller doors
- Two separate and extensive hardstand aprons of 50m providing best in class external storage and truck manoeuvrability
 

The property is offered for sale via Expressions of Interest closing Wednesday 23rd October at 4pm AEST. 
 
For further information please contact the Exclusive Marketing Agents. 

*Approx.