OVERVIEW

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.