68-74 Badu Court, Meadowbrook, Qld 4131

Industrial/Warehouse
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Published on: 06 Sep 2024
Last updated on: 10 Sep 2024
68-74 Badu Court, Meadowbrook, Qld 4131
68-74 Badu Court, Meadowbrook, Qld 4131
68-74 Badu Court, Meadowbrook, Qld 4131
+8
68-74 Badu Court, Meadowbrook, Qld 4131
  • 8
Property ID: 504682156
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Key property information

Land Size
10,270.00 m2
Floor Area
4,411.00 m2
Tenure Type
tenanted

PRIME LOGAN MOTORWAY INVESTMENT OPPORTUNITY

68-74 Badu Court, Meadowbrook, Qld 4131
Cushman & Wakefield Brokerage & Logistics are excited to offer for sale 68-74 Badu Court, Meadowbrook, a prime grade industrial building leased to wholesale group Splosh Australia, and strategically located on the Logan Motorway and within one of South-East Queensland’s fastest growing logistics locations Logan City. 

Key investment highlights include;
- 4,411sqm concrete tilt-panel industrial facility on 10,270sqm (43% site cover)
- Quality building with key design features including ESFR sprinkler system, 8 container height roller doors, internal warehouse clearance of 9.6m, corporate grade office & showroom on single level
- Future building upside with the ability to split into 2 tenancies
- 100% leased investment to strong tenant covenant in Splosh Australia
- Net passing income of $543,304pa with strong reversion in near future - market review in 2027
- Splosh Australia lease provides good fixed review structures of 3.0% p.a. and additional security via bank guarantee in place
- Core industrial location with direct access to major arterial road networks including the Logan, Gateway, and Pacific Motorways
-  Flexibility of surplus yard provides a major draw for potential future occupiers
- Leasing optionality as building has been future proofed to accommodate a single or multiple tenancies

This site presents as a rare opportunity to acquire a near new industrial investment in a highly constrained market with near term upside by capturing rental reversion.

The asset is being offer for sale via an Expressions of Interest (EOI) campaign closing Thursday, 3 October at 4pm (AEST).

For further information please contact the below exclusive marketing agents.

Property Details

Basic Info

Property Type
Industrial/Warehouse
Listing Status
On Market
Land Size
10,270.00 m2
Address
68-74 Badu Court, Meadowbrook, Qld 4131
Matt Richards
Matt Richards
Gary Hyland
Gary Hyland
Level 11, 123 Eagle Street, Brisbane City, Qld 4000
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Email enquiry to Cushman & Wakefield - Brisbane

Matt Richards
Matt Richards
Gary Hyland
Gary Hyland
Level 11, 123 Eagle Street, Brisbane City, Qld 4000
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      Property ID: 504682156

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