_Last remaining block in HUB Heathwood up for sale
The 8,572sq m block at 12 Hub Crescent in Heathwood sits at the entrance to the 17-hectare-plus estate, which has been developed by Clarence Property Group, at 731 Johnson Road.
HUB Heathwood offered a total of 24 lots, and only one remains - located at the entrance in a high exposure position ideal for owner occupiers or developers.
Located 19 kilometres south of the Brisbane CBD, HUB Heathwood is located just off the Logan Motorway, and situated perfectly to service Brisbane’s ongoing demand for industrial facilities.
It offers unbeatable access to the major arterial road networks including the Gateway, Logan, M1, Ipswich Motorway, and Mt Lindesay Highway.
The estate is positioned immediately to the south of the Heathwood Logistics Estate, home to household brands including Coles, Asahi and CUB, amongst many others.
The last remaining block in HUB Heathwood is fully serviced and offers a range of development options, from freestanding facilities of up to 4000sq m down to smaller premium industrial unit strata offerings.
The property is being taken to the market via an Expressions of Interest campaign run by Knight Frank’s Mark Clifford and Lachlan Hateley.
Mr Clifford said the block at 12 Hub Crescent represented the last chance to secure industrial land in one of most outstanding industrial subdivision estates in Brisbane’s land-starved south.
“HUB Heathwood has proven to be highly sought after by a wide range of occupiers. The other blocks have sold to a diverse range of groups, including owner occupiers and developers, and more than $200 million in construction projects are already underway as the estate takes shape.
“This last remaining block has high exposure both within the estate and to passing traffic on Johnson Road and will appeal to a range of buyers given the multiple development options.”
Mr Hateley said the lack of land in Brisbane, particularly in the South, had led to strong recent value growth, which was expected to continue moving forward.
“Knight Frank’s latest research found blocks of less than one hectare rose in value by 6.4% on average in Q4 last year, while lots sized from one to five hectares rose by 4.6%,” he said.
“With demand still significant for industrial land in Brisbane, but supply still limited, there will be ongoing growth over the coming years.”
The Expressions of Interest campaign for the property will close at 3pm on Thursday, May 1.
For further information please contact the exclusive marketing agents - Mark Clifford or Lachlan Hateley