Eight prominent industrial warehouses on a single title, in the Gold Coast’s popular Brisbane Road industrial precinct, are being offered for sale.

Located at 328 Brisbane Road, Arundel, the fully leased asset has a passing net income of $1,249,76.29 per annum and occupies a large site area of 23,703sqm.

The secure income profile includes leases to Dulux Group (Dulux Trade Centre and B&D Garage Doors & Openers), Euro Clad, Premier Timber & Trusses, Wholesale Marine Group and Cameron Dealership (Manufacturer of Stejcraft).

CBRE’s David Corke & Mark Witheriff have been appointed to manage the Expressions of Interest campaign, which closes at 4pm on Thursday 25 November 2021.

“This is a prime industrial asset that is 100% leased offering a secure investment opportunity. Given the medium impact industry zoning and large land size, it also provides significant future redevelopment potential,” Mr Corke said. 

The eight freestanding warehouses have a total lettable area of 10,311sqm, with the site offering dual street frontages to Brisbane Road and Kendor Street and close proximity to major national businesses including Toll, Bunnings, National Storage and Kennards Hire.

“The site is located within Australia’s sixth largest and one of the fastest growing cities in the country, which positions it to benefit from strong population growth, diversification of the economy and investment in strategic infrastructure which is giving rise to new opportunities,” Mr Witheriff said.

The site is situated 500m from the Gold Coast Logistics Hub, 2km to Harbour Town Shopping Centre, 10km to Surfers Paradise, 45km from Brisbane Airport, close to Helensvale train station and public transport options. 

To request a copy of the Information Memorandum please contact one of the marketing agents CBRE via the contact details below.