Industrial
56 - 72 Bandara St, Richlands

Construction of the 12,912m² industrial facility completed in December 2023. The asset is fully leased to Ausdeck for 10 years. Ausdeck is one of Australia’s leading manufacturers and supplier of patios, carports, roofing and modular structures.

Richlands is an established industrial suburb, 21 kilometres by road south-west of the Brisbane CBD. Richlands neighbours Wacol with the same quality access to the Ipswich Motorway and Centenary Highway, via Progress Road. The site on Bandara Street backs onto the Metroplex Westgate industrial precinct.

Property Details

Year of Construction
2023
Acquisition Date
2021
Independent Valuation
$37,800,000 (December 2023)
Capitalisation Rate
5.25%
Discount Rate
7.25%
NABERS Rating
N/A
NLA
12,912m²
Car Spaces
N/A

Tenant Profile

1
Number of Tenants
100%
Occupancy
9.5 years

WALE

Leasing Opportunities

This property is fully leased.

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