Industrial Development Site Sold to Brisbane Investor for Logistics Development


A Brisbane investor has purchased a 32,360 square metre site within Uniplex Industrial Park at Carole Park in Brisbane's west for $5.8 million with plans to develop two logistics facilities within the lot for lease.

The site is located at 5 Jalrock Place, and includes 30,466 square metres of useable area. It is expected construction will be under way by early 2018.

Stewart Gamblin of Colliers International negotiated the sale and said this was the biggest parcel of land in the seven-lot estate, as well as the last 3 hectare plus serviced lot in Carole Park available for sale, in the increasingly popular Brisbane western corridor.

“The developer has experienced success with this boutique industrial subdivision due to its competitive land rates, with currently only one 9765 square metre lot remaining for sale in the estate," Gamblin said.

“Buyers in the estate so far have been a mix of developers/investors and owner occupiers. Enquires for land in the western corridor over recent months has increased significantly with multiple parcels either under contract or under negotiation. The key driver being price and diminishing supply of serviced lots.

“The estate which is developed by Unison Projects, provides centralised positioning to ensure easy access to the Logan Motorway, Ipswich Motorway, Legacy Way and onto all major arterial routes.

“Being only 19km from the Brisbane CBD, this precinct is one of the prime logistics regions of South East Queensland."

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