A LOCAL investor has snapped up an industrial freestanding property for $900,000 in Logan City’s suburb of Slacks Creek at 12 Brennan Street
The asset, that came with 645sq m* of GFA on a 1,012sq m* parcel of land, also offered quick and easy access to all nearby major arterial roads.
The property was marketed and sold by Ray White Industrial Milton Sales and Leasing Executive Lachie Hale and Associate Director Sales and Leasing Jaems Balfour.
Mr Hale said there were a number of enquiries throughout the successful campaign with interest from both investors and owner-occupiers.
“The purchaser was a local investor who saw serious upside potential in both the asset itself and the local area,” he said.
“The property offered a high bay warehouse area, excellent truck access on site, roller door access, ample on-site parking and featured a recently refurbished office fit-out.”
Mr Balfour said Slacks Creek was located in the Logan Centre Business Area, which comprised growing retail businesses, industrial and commercial offices.
“It’s ideally placed from a logistics point of view, offering immediate access to major arterial roads to the North, South and West via M1/Pacific Highway and Logan Motorway,” he said.
“The precinct is also easily accessible via public transport, as it’s located within close proximity to both bus and rail linkages.”