Projects, Industrial
|FOR SALE| Pinnacle East, 372-402 Progress Rd, Wacol

The 4.1 hectare site is locate on Progress Road, a major duel lane arterial road connecting to both the Ipswich Motorway and Centenary Highway (and Logan Motorway).  The site is adjacent to GARDA’s existing site ‘Pinnacle West’.

Development approval for Pinnacle East has been received, with bulk earthworks and civil works set to commence in FY23. Bulk earthworks and civil works are expected to take approximately 12 months. The site will complement the existing Wacol site with completion of civil works and commencement of construction expected to commence following construction completion of Buildings A and B at ‘Pinnacle West’.

Property Details

Year of Construction
To be developed
Acquisition Date
2021
Independent Valuation
$15,500,000 (December2023)
Capitalisation Rate
Development site
Discount Rate
N/A
NABERS Rating
N/A
NLA
41,350m2, proposed built form approx 15,000m2
Car Spaces
N/A

Tenant Profile

Number of Tenants
Occupancy

WALE

Leasing Opportunities

Contact GARDA on 07 3002 5300 or leasing@gardaproperty.com.au for more information.