Industrial facility with development potential west of Brisbane to attract wide range of buyers
638 Redbank Plains Road in Redbank Plains is being taken to the market with vacant possession via an Expressions of Interest campaign
22 May 2024
An industrial facility with low site cover in a major growth area southwest of Brisbane is up for sale, in a rare opportunity for the market.
The property at Lot 2001, 638 Redbank Plains Road in Redbank Plains consists of a 861sq m single-level brick office and metal clad warehouse on a 2.918 hectare site.
It is being taken to the market with vacant possession via an Expressions of Interest campaign run by Knight Frank agents Mark Clifford and Lachlan Hateley.
The strategic landholding has Local Business and Industry zoning within Redbank Plains.
The versatile zoning allows for commercial, service and trade activities, and low impact manufacturing activities.
Some potential uses include trucking/haulage companies, scaffolding companies, earthmoving companies, building supplies groups, machinery and equipment hire, car storage, landscape supplies, garden centre and self-storage.
Mr Clifford said the property would appeal to investors, owner occupiers and developers, given the low site coverage and opportunity to redevelop, as well as the location.
“The property is strategically positioned in Brisbane’s Western growth corridor, approximately 26 radial kilometres from the Brisbane CBD and only 8 kilometres from
the Ipswich CBD,” he said.
“The western corridor is one of Brisbane’s most sought-after industrial precincts for major domestic and international occupiers given its connectivity to the Warrego, Centenary and
Cunningham Highway, providing efficient transport to interstate freight routes and relevant logistics locations.
“Redbank Plains Road connects directly north to the Ipswich Motorway
and east to the Cunningham Highway, providing ease of access for businesses in the area.”
Mr Hateley said the property at 638 Redbank Plains Road had more than 400 metres of street frontage.
“It occupies a strong main road position in a growth corridor, with a strong residential development pipeline throughout the surrounding precinct, and a strong labour force,” he said.
“There is a proposed upgrade of Redbank Plains Road for four lanes, which would benefit the property.”
The Expressions of Interest campaign for the property will close at midday on Wednesday, June 19, if not sold prior.
