3ha* Infill Site with Huge Upside

3ha* Infill Site with Huge Upside

Cushman & Wakefield as exclusive agents is pleased to offer to the market via an expressions of interest campaign, the opportunity to purchase 541 Bilsen Road, Geebung.

This rare 3ha+ property is one of the last sites of scale within a core infill precinct that is undergoing unprecedented rental growth. The current offering is still in huge demand from occupiers and tenants, boasting functional warehouses, low site cover, heavy duty hardstand and a large power supply.

With a 1.6 year WALE, the property is suitable for investors, developers or owner occupiers.

Key features include:

• 10,000sqm* of improvements across 4 separate buildings
• 30,650sqm* General Industry B Site
• Regular shaped site with under 30*% site cover
• Majority of the site is sealed concrete for heavy hardstand uses
• Recently upgraded fire and sprinkler systems
• Huge power supply
• 1.6 year WALE with strong rental reversion
• 40%* site is leased to international covenant Nexans Olex a billion-dollar French wire manufacturer.
• 60%* of site is occupied by RX Plastics a PVC manufacturer
• Approximately 150m of frontage to Bilsen Road

541 Bilsen Road, Geebung is strategically located approximately 11*km from the Brisbane CBD, one of northern Brisbane’s most tightly held and well-established industrial precincts. Bilsen Road is one of the major feeder roads in the precinct and is conveniently accessed off both Zillmere Road and Robinson Road, whilst running parallel to Sandgate Road. The property offers fantastic access to all major arterial including the Gateway Motorway and Gympie Road.

For Sale via Expressions of Interest closing Wednesday, 21st August 2024. For further information, please contact the Exclusive Agents at Cushman & Wakefield.

*Approx.