Case Studies

9/53 Metroplex Ave, Murarrie, QLD

An international company has entered into a 3 year lease with a 3 year option on a 360m² office/warehouse space in Metroplex Murarrie. Hytera Communications, is a leading designer and manufacturer of professional wireless communications equipment and solutions offering, complete product portfolios and customised solutions.

They required a facility to house both office staff and onsite stock storage. These spaces are rare and there were limited available options on the market.

The property itself was very well presented both internally and externally and consisted of a warehouse with 6.5 meter internal clearance, a workshop and office with a mixture of open and partitioned spaces.

The property generated a fair bit of interest due to its combination of office/warehouse. The majority of enquiry on this marketing campaign was generated from internet advertising and the signboard.

Lease Analysis*
Lessee:Hytera Communications
Annual Rental:$55,000 Net
Rate m²:$153.00
Lease Term:3 + 3 Years
Reviews:Annual CPI Minimum 4%
Incentive:3 Months’ rent free
Marketing Budget:$2,500
Days on Market:120


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