28 Magnesium Drive, Crestmead, Qld 4132

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Land/Development
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Published on: 16 Jul 2025
Last updated on: 16 Jul 2025
28 Magnesium Drive, Crestmead, Qld 4132
28 Magnesium Drive, Crestmead, Qld 4132
28 Magnesium Drive, Crestmead, Qld 4132
+8
28 Magnesium Drive, Crestmead, Qld 4132
  • 8
Property ID: 504910084
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Key property information

Land Size
15,100.00 m2
Floor Area
4,039.00 m2
Tenure Type
tenanted

Invest, Occupy or Develop – Only 27% Site Cover

28 Magnesium Drive, Crestmead, Qld 4132
Blue Commercial, on behalf of Westbridge Funds Management, proudly presents an outstanding opportunity to acquire a fully leased, freehold industrial asset with low site coverage and significant development upside. 

Positioned in the tightly held industrial precinct of Crestmead and underpinned by a global tenant in Visy, this property’s short lease tail offers purchasers exceptional scope and flexibility.

Key Highlights:

- Anchored by Visy until 30th April 2026 offering security of income
- Low site cover: only 27% site cover enabling a range of development opportunities
- Logistically located providing ease of access to the Logan, Ipswich, Gateway and Pacific Motorways
- 50m frontage to Magnesium Drive with 2 cross overs adds flexibility to the development upside

Optimum flexibility:

- Occupy the property on an as is / where is basis taking advantage of the approx. 7,000sqm of dedicated hardstand
- Invest and re-lease; the low site cover is an extremely rare commodity in today’s market and will be highly sought after by tenants

The property is offered for sale via expressions of interest closing Thursday 21st August 2025 at 4pm (AEST).

For further information and to arrange an inspection please contact the exclusive agents:

Property Details

Basic Info

Property Type
Land/Development
Listing Status
On Market
Land Size
15,100.00 m2
Address
28 Magnesium Drive, Crestmead, Qld 4132
John Slater
John Slater
Gary O'Shea
Gary O'Shea
Level 4, 89 McLachlan Street, Fortitude Valley, Qld 4006
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Contact Agent

Email enquiry to Blue Commercial - FORTITUDE VALLEY

John Slater
John Slater
Gary O'Shea
Gary O'Shea
Level 4, 89 McLachlan Street, Fortitude Valley, Qld 4006
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      Property ID: 504910084

      Original Property ID: 504910084
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