Description

Ground leaseholds: Storage facilities Brisbane Qld – lease and sales

Leased/Licensed – Eight Mile Plains

In January, 2024. Box Commercial leased a A former carpark, in Eight Mile Plains, it was leased to an engineering company on a license for $10,000 per  pa.

Leased & Sold – Hemmant Qld

August, 2022. A 22,000 sqm hardstand development site with limestome base, leased to a container storage company ABC containers for $879,000 per pa approx or about $40 per sqm per annum.

The site was later sold for $14.3M which represented an initial yeild of 6.15% per annum and $650 per sqm approx for the land. The property was purchased by RF Corval fund managers. The property was fenced and was to be fitted with CCTV. The property is located opposite the new Crossbank Industrial Estate being developed by Dexus    Further details Rob Stanley-Turner 041898200 or rob@boxcom.com.au

Leased at Acacia Ridge

August, 2022. A 47,370 sqm hardstand storage site with limestone base, in Acacia Ridge,  leased to a vehicle storage company on a short lease but for $1,401,000 per  pa represented or about $29 per sqm per annum.

Disclaimer:
All areas and figures are approximate only. All reasonable steps have been taken to ensure the accuracy of this information, but this does not constitute any representation and is provided as a guide only.  Some deals reported,  Box Commercial did handle and therefore information has been extracted from media etc and may not be acccurate, however it is offered simply to provide a market guide.