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 secure holding 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 occupiers
-	Ability to sub-divide into two separate parcels whilst retaining existing warehouse (previous DA)
-	Ability to build a further 3,100sqm (approx.) of GFA (subject to council approval)

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: