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Cushman & Wakefield - Brisbane

68-74 Badu Court Meadowbrook, QLD 4131

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68-74 Badu Court,
Meadowbrook, QLD 4131

Warehouse, Factory & Industrial

Price information

Sale - Expression of Interest

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Cushman & Wakefield - Brisbane
Gary Hyland
Matt Richards

Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000
Cushman & Wakefield - Brisbane
68-74 Badu Court
Meadowbrook, QLD 4131

Map of 68-74 Badu Court

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  • Train stations within 5 km of 68-74 Badu Court, Meadowbrook, QLD 4131Distance
    Kingston Station970 m
    Loganlea Station1.6 km
    Woodridge Station3.4 km
    Trinder Park Station4.3 km
    Bethania Station4.3 km
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  • Bus stops within 5 km of 68-74 Badu Court, Meadowbrook, QLD 4131Distance
    Station Rd Near Shady Grove Ave849 m
    Kingston Rd at Gould Adams Park869 m
    Clare Rd Near Brisbane St914 m
    Station Rd at Jellicoe Street984 m
    George St Near Augustus St1 km
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PRIME LOGAN MOTORWAY INVESTMENT OPPORTUNITY

  • 2.8yr WALE with strong rental reversion
  • Leased investment to strong covenant
Cushman & Wakefield Brokerage & Logistics are excited to offer for sale 68-74 Badu Court, Meadowbrook, a prime grade industrial building leased to wholesale group Splosh Australia, and strategically located on the Logan Motorway and within one of South-East Queensland’s fastest growing logistics locations Logan City.

Key investment highlights include;
- 4,411sqm concrete tilt-panel industrial facility on 10,270sqm (43% site cover)
- Quality building with key design features including ESFR sprinkler system, 8 container height roller doors, internal warehouse clearance of 9.6m, corporate grade office & showroom on single level
- Future building upside with the ability to split into 2 tenancies
- 100% leased investment to strong tenant covenant in Splosh Australia
- Net passing income of $543,304pa with strong reversion in near future - market review in 2027
- Splosh Australia lease provides good fixed review structures of 3.0% p.a. and additional security via bank guarantee in place
- Core industrial location with direct access to major arterial road networks including the Logan, Gateway, and Pacific Motorways
- Flexibility of surplus yard provides a major draw for potential future occupiers
- Leasing optionality as building has been future proofed to accommodate a single or multiple tenancies

This site presents as a rare opportunity to acquire a near new industrial investment in a highly constrained market with near term upside by capturing rental reversion.

The asset is being offer for sale via an Expressions of Interest (EOI) campaign closing Thursday, 3 October at 4pm (AEST).

For further information please contact the below exclusive marketing agents.

Property ID: 504682156Last Updated: 16 Sep 2024

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