Case Studies

25 Savage Street, Pinkenba QLD 4008

The property was sold prior to auction, after a fourteen day marketing campaign which generated a total of nine enquiries.

The land comprises a regular shaped, inside allotment, situated at road height providing a generally level contour.

The improvements comprise a modern, freestanding industrial building built upon a 6,339 m2 ‘General Industry’ zoned site.

The warehouse space includes 2 adjoining structures, with the original factory comprising 2,862 m2 of column free accommodation with a 7 metre clearance, and an additional 655m2 extension of the original building, encompassing column free accommodation with a clearance height of 8.2 metres.

The improvements have a total lettable area of 3,753m2, comprising 236m2 of office space and 3,517m2 of warehouse space, with an additional 361m2 awning area.

The property sold to an owner occupier.

Additional features for the property include 6 ft high security fencing with electric gate, security system and cameras, solar panels and Fibre and NBN data connection.

The subject property’s location is well recognised by the market, situated within the Australia Trade Coast. The location offers easy access onto the M1 (Gateway) motorway network, and excellent proximity to key infrastructure including the Brisbane Airport.

Sale Overview
Sale Price:$4,500,000
Sale Date:January 2018
Income:Vacant Possession
Land Area:6,399m2
$/m2 lettable:$1,199
I$/m2 site area:$703
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