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Modus Property Group

1 Ashburn Road Bundamba, QLD 4304

Directions

1 Ashburn Road,
Bundamba, QLD 4304

Warehouse, Factory & Industrial

Price information

Sale - Expression of Interest

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$3,727,920
Number of Tenants
1 Tenant
Tenants / Type
The Reject Shop

Private inspections

to arrange a private inspection.
Modus Property Group
Jack Pershouse
David Gibson

Modus Property Group

8/9 Longland Street
NEWSTEAD, QLD 4006
Modus Property Group
1 Ashburn Road
Bundamba, QLD 4304

Map of 1 Ashburn Road

Directions
  • Train stations within 5 km of 1 Ashburn Road, Bundamba, QLD 4304Distance
    Ebbw Vale Station1.6 km
    Dinmore Station1.7 km
    Bundamba Station2.4 km
    Riverview Station3.2 km
    Booval Station3.5 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 1 Ashburn Road, Bundamba, QLD 4304Distance
    Stubbin St Near Wade St1.3 km
    River Rd at Dinmore State School1.5 km
    River Rd at Richard Street1.5 km
    Brisbane Rd at Robert Street1.5 km
    Brisbane Rd at Dinmore Murri Baptist Church1.5 km
    POWERED BY HERE ©
POWERED BY HERE ©

Institutional Grade Logistics Investment

  • A-grade distribution facility
  • 100% leased to ASX-listed covenant
  • $3,727,920* p.a. annual net income
Modus Property Group in conjunction with JLL Capital Markets, Logistics & Industrial are pleased to offer for sale 1 Ashburn Road, Bundamba QLD.

The asset comprises a substantial landholding of 5.1ha* accommodating an A-grade warehouse/office distribution centre providing a total lettable area of 26,573sqm*.

The asset is 100% leased to The Reject Shop with a WALE of 5.1 years (as at Dec-24) and net passing income of $3,727,920* p.a. ($140/sqm GLA).

Key Investment Highlights include:

- The Reject Shop (ASX:TRS) is a longstanding occupier of the site and has made significant capital investment into operations at the facility in recent years. The facility acts as their main distribution centre to over 80 retail fronts in Queensland
- 26,573sqm* GLA across a highly functional office/warehouse facility with drive around truck access via crossovers on Hume Drive and Ashburn Road.
- 5.1ha* site with direct connectivity to various major arterials including Ipswich Motorway, Cunningham Highway and Warrego Highway
- ESFR sprinkler system throughout
- Highly efficient layout with loading docks and on-grade doors servicing two sides of the facility
- Warehouse is accessed via 13 loading docks (with levellers) and 20 on-grade roller doors
- Two separate and extensive hardstand aprons of 50m providing best in class external storage and truck manoeuvrability


The property is offered for sale via Expressions of Interest closing Wednesday 23rd October at 4pm AEST.

For further information please contact the Exclusive Marketing Agents.

*Approx.

Property ID: 504695028Last Updated: 23 Sep 2024

JLL - Melbourne
Level 33, 101 Collins Street
MELBOURNE, VIC 3000
JLL - Brisbane
Central Plaza One Level 39, 345 Queen Street
BRISBANE CITY, QLD 4000

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