ATD Property is pleased to offer 23-25 Strathwyn Street, Brendale to the market - a high-quality net leased industrial investment underpinned by a new lease to Impressu Print Group Pty Ltd, with a Parent Company Guarantee provided by ASX-listed IVE Group Ltd (ASX: IGL), Australia's largest diversified marketing services company.
Investment Highlights
• Passing rent of $708,555.05 pa + outgoings + GST ($161/sqm*)
• Fully net lease - all outgoings payable by tenant (except land tax)
• Recent capex program including full roof replacement
• Fixed 3.75% annual rent reviews providing assured rental growth
• New lease commencing 20 July 2026 expiring 19 July 2029
• Tenant guarantee backed by IVE Group Ltd (ASX: IGL) - ~$928M revenue, ~$391M market cap
• Modern tilt panel construction | NLA 4,377sqm* | Land 6,758sqm*
• Industry Zone - General Industry Precinct, Moreton Bay Regional Council
• Brendale - one of Brisbane's most tightly held industrial precincts, ~22km north of the CBD
*Approximate
For Sale by Expressions of Interest - Closing 4:00pm Thursday 30th July 2026.
For further information or to arrange an inspection, please contact the exclusively appointed agents ATD Property.
Remember to mention you found this property on CommercialReady
ATD Property is pleased to offer 23-25 Strathwyn Street, Brendale to the market - a high-quality net leased industrial investment underpinned by a new lease to Impressu Print Group Pty Ltd, with a Parent Company Guarantee provided by ASX-listed IVE Group Ltd (ASX: IGL), Australia's largest diversified marketing services company.
Investment Highlights
• Passing rent of $708,555.05 pa + outgoings + GST ($161/sqm*)
• Fully net lease - all outgoings payable by tenant (except land tax)
• Recent capex program including full roof replacement
• Fixed 3.75% annual rent reviews providing assured rental growth
• New lease commencing 20 July 2026 expiring 19 July 2029
• Tenant guarantee backed by IVE Group Ltd (ASX: IGL) - ~$928M revenue, ~$391M market cap
• Modern tilt panel construction | NLA 4,377sqm* | Land 6,758sqm*
• Industry Zone - General Industry Precinct, Moreton Bay Regional Council
• Brendale - one of Brisbane's most tightly held industrial precincts, ~22km north of the CBD
*Approximate
For Sale by Expressions of Interest - Closing 4:00pm Thursday 30th July 2026.
For further information or to arrange an inspection, please contact the exclusively appointed agents ATD Property.
Remember to mention you found this property on CommercialReady
23-25 Strathwyn Street, Brendale, QLD, 4500
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