The first of the three industrial facilities has recently completed with that 6,000m² leased to WheelDemon for 10 years. When completed, the development know as ‘Pinnacle on Progress’ will provide approximately 17,000m² of built form GFA.
Wacol is an established industrial suburb, 21 kilometres by road south-west of the Brisbane CBD. The 4.1 hectare site is located on Progress Road, a major dual lane arterial road connecting to both the Ipswich Motorway and Centenary Highway (and Logan Motorway).
Year of Construction | 2021 |
|---|---|
Acquisition Date | 2019 |
Independent Valuation | $25,450,000 (April 2022) – $14,900,000 (Bldg C), $10,550,000 (balance land) |
Capitalisation Rate | 4.25% (Building C) |
Discount Rate | 5.50% (Building C) |
NABERS Rating | N/A |
NLA | 6,214m² (Building C) |
Car Spaces | N/A |
WALE
Contact GARDA on 07 3002 5300 or leasing@gardaproperty.com.au for more information.
