Located on the southern side of Bellrick Street in Acacia Ridge, this property presents an ideal facility for logistics operators.

Key features include large floor plates, (spaces from 4,166-7,704 square metres) a large drive-through loading awning, three-phase power capacity, good hard stand truck turning and loading areas and approval for B double access. The site benefits from a rail spur connected to the adjoining Intermodal Terminal.

Just 13 kilometres out of Brisbane, the five-building property includes 100 car onsite spaces and has excellent access to major arterial roads and the Brisbane Multi-User Terminal.

- Large-scale, high-clearance warehouse

- Efficient road and rail access

- Blue-chip industrial location

Property Details

Building type
Distribution Centre
Title
Freehold
Site area (hectares)
3.5
Lettable area ('000sqm)
17.7
Lettable area adjusted for ownership ('000sqm)
13.3
Number of buildings
5
Car parking spaces
100
Year built
1988
Major tenant
EFM Logistics
Owner
DXS
Ownership (%)
75
Co-owner
DALT

Property Statistics

Metro area
Brisbane
Zoning
General Industry
Site coverage (%)
51
Number of units
3
Average unit size
5.9
Office content (%)
9
Acquisition date
June 1997
Book value at ownership ($m)
14.6
Independent valuation date
December 2018
Independent valuation at ownership ($m)
14.6
Market cap rate (%)
7.75
Initial yield (%)
7.86
Leased by area (%)
100
Weighted lease term by income (years)
1.8