Prime industrial land, equipped with development approval is now on offer for sale or lease within the prestigious Citiswich Industrial Park. Managed by the renowned agencies Knight Frank and Blue Commercial.
Eight hectares of prime industrial land with development approval is available for sale or lease in the highly sought after Citiswich Industrial Park in Brisbane’s burgeoning southwestern corridor. Knight Frank and Blue Commercial are marketing this outstanding Industrial opportunity.
The property, at Lot 1171 Wood Street in Bundamba, has a DA in place for over 31,000sq m of gross floor area, with warehouse/office options from 3,000sqm up to 31,000sqm.
It is being offered to the market via sale or lease by Knight Frank agents Mark Clifford and Lachlan Hateley in conjunction with Blue Commercial’s Gary O’Shea and John Slater.
The DA-approval for the 8.02 hectare parcel comes after the site owner Arrow Capital Partners, in conjunction with Gibb Group, secured a deal last year with Northline Transport to occupy a brand new purpose built 18,095sqm facility on 4.5 hectares of an original 12 hectares that it purchased in Citiswich.
The deal will see Northline Transport relocate to Citiswich from Goodman’s Redbank Motorway Estate, situated just around the corner, on an initial lease term of 10 years.
The new purpose-built state-of-the-art facility for Northline is scheduled to be completed in mid June. Key features include full drive around capacity, a drive through warehouse, multiple on grade roller doors, generous hardstand areas for outdoor storage, efficient internal warehouse height and a quality office area of 600sqm.
The Northline Transport facility marks the first stage of an exciting industrial offering at the popular Citiswich, with the remaining eight hectares neighbouring that 4.5ha site the second stage.
Arrow Capital Partners’ Ben Walker said: “We are very excited about the Northline facility being completed, and we are keen to get into the next stage of development for the balance of the 12-hectare site.
“There are many options to occupy the eight hectares, with the potential for a multi-unit development or a larger industrial facility for larger occupiers.”Knight Frank’s Mark Clifford said the eight hectare parcel was available for sale or lease.
“We have had interest from owner occupiers and some investor and developer groups to purchase the remaining land given it has no planning risk with the DA in place,” he said.
“There is a massive shortage of industrial land in South East Queensland, so it’s understandable that this site is drawing a lot of interest both locally and interstate.
“The location is a huge drawcard, with the Citiswich Business Park one of the most popular locations in Brisbane’s southwestern corridor.”
Situated 25 kilometres southwest of the Brisbane CBD, the 350-hectare Citiswich Business Park is home to major companies including Costco, SAAB and Australia Post.
It has direct accessibility to the Warrego Highway and the juncture of the Ipswich/Centenary Highways, giving occupiers the unique ability to service Brisbane, Ipswich and Logan Cities.
Blue Commercial’s John Slater said: ”The site provides flexibility, with the zoning and DA allowing for a range of industrial uses.
“The design of the DA allows full B-double access throughout the estate. Each tenancy will have its own yard areas with ample room for B-doubles to turn around in.
“All warehouse spaces have been designed to include high clearance warehouse space, extensive on-site car parking, exclusive concrete yard areas, premium office space over two levels, on grade electric roller shutters and 10 metre awnings to the warehouse face.”
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