Property Details
Brendale, QLD
Purchased
Off Market
Purchase Price
$1,150,000
Net Yield
5.47%
Asset Class
Industrial
Property Details
In Brisbane’s northern industrial corridor, Costi Cohen has secured the off market acquisition of a strata, concrete tilt panel facility on behalf of a SMSF investor, marking the first asset in a broader acquisition strategy.
The property is positioned within a tightly held industrial pocket and is backed by a brand new 3-year lease with fixed 2.5% annual reviews. Brendale continues to record strong population growth and sustained demand for modern industrial facilities supported by an active local development pipeline.