HUB Heathwood, Brisbane southwest’s biggest industrial development, is now 70% sold prior to completion - with only eight blocks left available and the majority fielding strong interest.

Covering more than 17 hectares at 731 Johnson Road at Heathwood and just 19 kilometres from the Brisbane CBD, HUB Heathwood is a $300-million-plus project.

HUB Heathwood offers a total of 24 lots, with several blocks offering leasing options for industrial occupiers, as well as catering for hardstand users seeking sites ranging in size from 6,800sqm to 13,600sqm. The hardstand will feature road base surface and be fully security fenced. 

With over 110,000 sqm of land now sold or undergoing due diligence, this represents just under $54 million in sales for developer Clarence Property with land rates achieving $500 plus per sqm across the estate.

Direct access into the HUB estate is only weeks away with the new Johnson Road traffic lights to be switched on, and titles are on track to be issued prior to the Christmas break. This will be the start of very strong activity in the estate, with owner occupiers and developers kicking off their warehouse/office projects. 

Project Marketing Team, Knight Frank’s Mark Clifford and Blue Commercial’s John Slater, said the development had garnered significant buyer interest, with more than 50 qualified enquiries being currently worked through.

“HUB Heathwood represents a remarkable opportunity for investors and businesses seeking prime industrial land,” Mr Slater said. “Given the success of the estate prior to completion, with practical completion only weeks away, we are expecting very solid interest in the remaining blocks.”

Mr Clifford said: “HUB Heathwood was Brisbane’s biggest small-to-medium lot industrial land subdivision. The Brisbane industrial market has critically low levels of industrial land amid ongoing strong demand, which has led to a high level of enquiry for land lots in this development. With strong enquiry from a wide range of buyers we expect to be totally sold out soon.”

Clarence Property Head of Capital Transactions, Ben Somerville said: “Our team’s dedication and collaboration have created this first-class industrial estate, and it has been a pleasure to watch our vision come to life. 

“The ongoing owner occupier enquiry further solidifies the lack of viable options in the market with access to critical infrastructure.

“We look forward to the working with purchasers and tenants as construction of these facilities commence over the next few months.”

It is expected that over 100,000sqm of high-quality office and warehouse space will be constructed in Hub Heathwood upon completion. This sought-after location by industrial users offers proximity to major transport corridors including the Logan Motorway interchange.

HUB Heathwood is positioned immediately south of the Heathwood Logistics Estate, which is home to household brands including Woolworths, Coles, Asahi, Hilton Group, and Australia Post.

For further information please contact the exclusive marketing agents - Mark Clifford of Knight Frank or John Slater of Blue Commercial via the contact forms below- or visit www.hubheathwood.com.au