Brisbane, 10 July 2014 – A private investor has acquired an A-grade, freestanding industrial facility in one of Brisbane’s most sought after transport and manufacturing hubs for $5.45 million.
Located at 98 Freight Street, within the Lytton Industrial Estate adjoining the Port of Brisbane, the 4,003sqm property comprises a 3,603sqm clear span warehouse with a minimum internal height of eight metres, as well as a 400sqm corporate style office with showroom.
The property also features a 560sqm awning for undercover loading and unloading, ample car parking and multiple roller doors allowing easy access.
CBRE’s Ben Lyons negotiated the deal on behalf of vendor Chuppatti Pty Ltd. Chuppatti has leased back the facility for two months until its new facility in Staplyton is complete.
Mr Lyons said the vendor was selling the purpose built property after consolidating its warehouse operations and purchasing a smaller facility.
“The new owner is now looking for a new tenant to occupy this premium industrial facility in the established transports and manufacturing hub of Lytton,” Mr Lyons said.
