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.
– 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)
