An industrial land parcel located in one of South East Queensland’s fastest-growing precincts for sale by Knight Frank’s Mark Clifford & Ned Jefferies.
An industrial land parcel located in one of South East Queensland’s fastest-growing precincts is up for sale.
Knight Frank has been exclusively appointed by their valued client to market the 18.33 hectare site at 447 Warwick Road in Yamanto, which is being taken to the market via an Offers to Purchase campaign.
The current owners have a ROL permit in place for a five-lot subdivision on the land, which is situated in the booming Western Corridor precinct.
The property has exceptional exposure to the busy Warwick Road, with more than 17,000 vehicles passing by each day, and is perfectly positioned to service all sectors of the ever-growing SEQ region.
It is only 5.3 kilometres from the Ipswich CBD and 700 metres from the Centenary Highway and the Cunningham Highway diamond interchanges.
The site is also strategically located a few minutes’ drive from the Ripley and Springfield residential and commercial precincts, while the RAAF base at Amberley is only a further five minutes down the road.
Knight Frank’s Mark Clifford, who is marketing the site with colleague Ned Jefferies, said the site provided the opportunity for a superb development tapping into the pent up industrial demand in SEQ.
“There is a massive shortage of industrial land in the Western corridor of Brisbane, and a lack of zoned and serviced industrial land anywhere across the Brisbane and Ipswich region,” he said.
“We are expecting to see strong interest from development groups who can develop and deliver industrial product for occupiers who are drawn to this booming precinct.
“This site has the potential to be the biggest industrial development that the region has seen since the Citiswich Estate at Bundamba was launched.“
Mr Jefferies said the current zoning of Local Business and Industry would allow for a wide variety of end users including commercial, service and trade, and industrial activities.
“Once developed, end users will have the chance to be able to occupy facilities potentially as small as 100 square metres and as large as 10,000 square metres under roof,” he said.
“Transport, warehousing and logistics groups will be attracted to this strategic site.
“It does have wide appeal given its location. We will see a lot of interest from building trade groups, storage, light manufacturers and potentially some defence and military supply groups given the proximity to Amberly Air Force base.
“While the current owner has an ROL permit in place for a five-lot subdivision, an incoming buyer can reconfigure the application to suit their own ideal layout.”