Developed by Clarence Property Group Brisbane’s best industrial location, at Hub Heathwood for sale in the city’s southwest, amid a critical shortage of industrial land in the Sunshine State capital.

https://www.theindustrialist.com.au/sites/default/files/hub_heathwood_-_...Only six blocks remain in the industrial land subdivision, located just off the Logan Motorway at Heathwood in the city’s south, just 19 kilometres from the Brisbane CBD.

Covering more than 17 hectares at 731 Johnson Road at Heathwood, Hub Heathwood is a $300-million-plus project being developed by Clarence Property Group.

Of the 24 lots originally offered to the market in the development, only six remain available for sale, ranging in size from 6,800sq m up to two hectares, with another two available for lease.

Now titles have been issued there has been a flurry of activity, with development applications being lodged, and construction will soon commence on multiple blocks in the estate.

Knight Frank agent Mark Clifford, who is marketing the project in conjunction with Blue Commercial’s John Slater, said the remaining blocks were suited to owner occupiers or developers.

“Owner occupiers and developers are quickly snapping up the remaining blocks as they represent the only opportunity to purchase small industrial blocks in Brisbane’s Southwest in today’s market,” he said.

“To date owner-occupiers have been very active in the estate, purchasing land and appointing their own builders to deliver their purpose-built warehouse and office facilities.

“A large number of quality businesses have decided to call Hub Heathwood home, and little wonder given its superb strategic location just off the Logan Motorway.

“Developers have been buoyed by the strength of the rental market, with freestanding industrial buildings in nearby locations securing rents over $170 per square metre, and over $200 per square metre for smaller strata units.

“Sale prices of new industrial product in Southern Brisbane locations are now achieving over $3000 per square metres for freestanding facilities and $3500 plus per square metre for smaller strata units.

“This has made the Hub very attractive for developers as they look to secure land for new industrial projects for the stock-starved market for both tenants and owner occupiers.”

Mr Slater said with only six blocks left in Hub Heathwood, it was expected there would be very strong interest in the remaining blocks.

“Once this estate is gone, there is virtually nothing left in terms of land in Brisbane’s southwest industrial precinct, sized below one hectare,” he said.

“We particularly expect interest to be piqued now that titles have been issued and the expectation that construction is imminent.

“Hub Heathwood offers prime industrial land in a highly-sought after location of Brisbane, with proximity to major transport corridors, including the Logan Motorway Interchange.”

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