ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

Investor Snaps Up Eagle Farm Warehouse

150619-114-Links-Ave_620x380

A warehouse/office complex at Eagle Farm in Brisbane’s Trade Coast precinct has been sold for $1.55 million by Ray White Industrial Milton.

The property with a long term tenant at 114 Links Avenue South, Eagle Farm, was sold off-market to a private investor by Ray White Industrial Milton’s Paul Anderson on behalf of J&P Properties for a yield of approximately 7.1 per cent.

Mr Anderson said the buyer intends to continue the leased enterprise at the property, which is on a land area of 2,160 sqm and has a 780 sqm warehouse and a 120 sqm single level detached office.

“The sale occurred off market and it was a case of right place, right time, right buyer,” Mr Anderson said.

“The purchaser has acquired a great site in the Hamilton Northshore Master Plan.  And the seller has achieved a terrific price – a true win/win for all.”

Mr Anderson said the site is in a convenient location just minutes to the Brisbane airport precinct, the CBD and sea ports.

ADVERTISEMENT
TOP STORIES
CONTRIBUTE TO THE CONVERSATION
Show Comments
advertise with us
The Urban Developer is Australia’s largest, most engaged and fastest growing community of property developers and urban development professionals. Connect your business with business and reach out to our partnerships team today.
Article originally posted at: https://theurbandeveloper.com/articles/investor-snaps-up-eagle-farm-warehouse