Case Studies

120 Gosport Street, Hemmant, QLD

Ray White Industrial (Milton) was appointed to conduct a sale and lease campaign at 120 Gosport Street, Hemmant. The subject property is a large freestanding industrial building located in Hemmant within the Australian Tradecoast precinct.

The property was recently vacated by the tenant and had the following features:

– Drive around access for B-Double trucks
– Multiple roller door access points
– Huge awnings
– Large concrete hardstand set down areas

The site is well located just off the Port Motorway and only a 5 minute drive to the Port of Brisbane. Given the location of the asset and the uniqueness of the offering we received strong enquiry. Interested parties were owner occupiers and investors as well as a good level of interest from local tenants.

Sales Analysis*
Method of Sale:Private Treaty
Marketing Time Frame:6 weeks
Sale Date:November 2013
Number of Enquiries:20
Total Inspections:8
Number of Offers:3 (1 sale, 2 lease)
Sale Price;$3,125,000.00


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