Property Details
Brendale, QLD
Purchased
Off Market
Purchase Price
$1,480,000
Net Yield
5.35%
Asset Class
Industrial
Property Details
Positioned within the Moreton Bay growth corridor — Costi Cohen has secured this industrial warehouse on behalf of our client.
The property is constructed using concrete tilt panels and fully leased with the tenant responsible for 100% of outgoings. The asset forms part of a 6 unit complex known as The Caves, offering modern industrial accommodation.
Approximately 20km north of Brisbane CBD, the precinct benefits from strong infrastructure, excellent transport connectivity and proximity to major distribution networks. With sustained population growth and an active local development pipeline, Brendale continues to attract ongoing investment from logistics, manufacturing and trade occupiers.
With construction underway on the $92 million Brendale Adventure Home HQ retail and lifestyle precinct, this acquisition positions our client within one of Queensland’s fastest growing industrial hubs, combining secure cashflow with strategic long-term value.