Case Studies

79-81 Lear Jet Drive, Caboolture QLD

Ray White Commercial were pleased to present for sale by way of Public Auction, 79-81 Lear Jet Drive, Caboolture. With land becoming increasingly difficult to purchase, the opportunity to secure a 3,359m2 regular shaped allotment with flexible use and the ability to add value was an opportunity not to be missed!

Caboolture is an urban centre or satellite city approximately 44 kilometers north of Brisbane CBD. Caboolture is considered to be the northernmost urban area of the greater Brisbane metropolitan region within South East Queensland. The property is located on the eastern side of the Bruce Highway in an established industrial estate on the turn-off to Bribie Island.
Key features of the outstanding opportunity included:
– Site area 3,359m2* on a single freehold title
– Office and lunchroom with staff amenities
– Elevated 220m2* cold storage facility to dock level
– Front and rear access through 7 loading bays
– Significant concrete apron on three sides
– Secure site with full perimeter fencing

The Buyer intends to further develop the property to suit their own needs given their business operation were within the immediate area. The site location was a significant factor in the motivation to own the property.

Sale Analysis*
Site Area:3,359m2
Building Area:220m2
Sale Price (sold under the hammer):$1,300,000.00 + GST
Campaign Analysis*
Method of Sale:Auction
Marketing Timeframe:4 weeks
Marketing Budget:$1,5,00* inc.GST
Total Enquiries:Sixteen (16)
Registered Bidders:Four (4)
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