The Logan Motorway in Brisbane South is still experiencing high activity levels with only one block remaining in Pointcorp Developments Crestmead Logistics Estate. Over 1.1 million square metres of land has now been sold in the master planned estate with developers and occupiers including Mapletree, GPT, Bunnings, Toll and Nick Scali. 

Lot 61 is the final remaining block in Stages 9 and 10 within the master planned industrial estate and is currently under construction and due to be ready for settlement and build commencement in Q1 of 2025.

The 22,290sqm freehold, corner site provides approximately 10,440sqm of unencumbered land with a further 11,850sqm under a power line easement which can be used for hard stand, onsite carparking and site storage The site will be fully serviced and levelled and is zoned medium impact industry allowing for a multitude of uses. 

The estate provides B-Double approved 24/7 road networks and neighbours Mapletree’s 18.6ha industrial site purchased in late 2023.

The vacant land parcel is being marketed for sale via an Expressions of Interest campaign run by Michael Richardson and Michael Callow of CG Property in conjunction with Jack Hardy and Myles Clentsmith of CBRE.

Mr Richardson said the property is set to attract strong interest due to the limited land supply in core industrial precincts.

“Developers still have a strong appetite for industrial land due to the low vacancy levels, large rental growth and steady tenant demand in the market,” he said 

“With extremely limited stock on the market to purchase, owner-occupiers are also looking to purchase land to accommodate their business growth”

Mr Hardy said the Crestmead Logistics Estate was well located within the established Crestmead industrial precinct.  

“There has been a huge amount of growth and development in the Crestmead industrial precinct over the past 24 months.”

“The properties proximity to the Logan Motorway and major arterials make it a prime location for a variety of buyers and developers,” he said.

The Expressions of Interest campaign for the property will close at 4pm AEST on Thursday, 5th September.