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28 Magnesium Drive, Crestmead, QLD, 4132

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28 Magnesium Drive, Crestmead, QLD, 4132

Crestmead

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28 Magnesium Drive, Crestmead, QLD, 4132

Crestmead

28 Magnesium Drive, Crestmead, QLD, 4132

28 Magnesium Drive, Crestmead, QLD, 4132

Properties / Buy / Queensland / Crestmead
Tenanted Investment
Selling Method
EOI
Selling Details
Contact Agent
Land Area
15,100 m² (*approx)
Floor Area
4039 m² (*approx)
Property Type
Industrial
Sub-type
Office/Warehouse, Hard Stand
Terms
Anchored by Visy until 30th April 2026
Est. Income
$733,851 p/a
Fully Leased
VISY
Show All
Invest, Occupy or Develop – Only 27% Site Cover
  • Leased to VISY until April 2026
  • 27% site cover – 7,000sqm* hardstand
  • 50m frontage to Magnesium Drive

Blue Commercial, on behalf of Westbridge Funds Management, proudly presents an outstanding opportunity to acquire a fully leased, freehold industrial asset with low site coverage and significant development upside.

Positioned in the tightly held industrial precinct of Crestmead and underpinned by a global tenant in Visy, this property’s short lease tail offers purchasers exceptional scope and flexibility.

Key Highlights:

  • Anchored by Visy until 30th April 2026 offering secure holding income
  • Low site cover: only 27% site cover enabling a range of development opportunities
  • Logistically located providing ease of access to the Logan, Ipswich, Gateway and Pacific Motorways
  • 50m frontage to Magnesium Drive with 2 cross overs adds flexibility to the development upside

Optimum flexibility:

  • Occupy the property on an as is / where is basis taking advantage of the approx. 7,000sqm of dedicated hardstand

  • Invest and re-lease; the low site cover is an extremely rare commodity in today’s market and will be highly sought after by occupiers

  • Ability to sub-divide into two separate parcels whilst retaining existing warehouse (previous DA)

  • Ability to build a further 3,100sqm (approx.) of GFA (subject to council approval)

The property is offered for sale via expressions of interest closing Thursday 21st August 2025 at 4pm (AEST).

For further information and to arrange an inspection please contact the exclusive agents:

Read More
Dataroom
Tenanted Investment
Tenanted Investment

28 Magnesium Investment Summary

Property Type
Industrial
Sub-type
Office/Warehouse, Hard Stand
Est. Income
$733,851 p/a
Number Of Tenants
1
Tenant
VISY
Terms
Anchored by Visy until 30th April 2026
Land Area
15,100 m² (*approx)
Floor Area
4039 m² (*approx)
Selling Method
EOI
DATAROOM AVAILABLE
Gain Access
EOI Closing Date
21 Aug 2025 04:00PM
Selling Details
Contact Agent

Investment Highlights

Invest, Occupy or Develop – Only 27% Site Cover
  • Leased to VISY until April 2026
  • 27% site cover – 7,000sqm* hardstand
  • 50m frontage to Magnesium Drive

Blue Commercial, on behalf of Westbridge Funds Management, proudly presents an outstanding opportunity to acquire a fully leased, freehold industrial asset with low site coverage and significant development upside.

Positioned in the tightly held industrial precinct of Crestmead and underpinned by a global tenant in Visy, this property’s short lease tail offers purchasers exceptional scope and flexibility.

Key Highlights:

  • Anchored by Visy until 30th April 2026 offering secure holding income
  • Low site cover: only 27% site cover enabling a range of development opportunities
  • Logistically located providing ease of access to the Logan, Ipswich, Gateway and Pacific Motorways
  • 50m frontage to Magnesium Drive with 2 cross overs adds flexibility to the development upside

Optimum flexibility:

  • Occupy the property on an as is / where is basis taking advantage of the approx. 7,000sqm of dedicated hardstand

  • Invest and re-lease; the low site cover is an extremely rare commodity in today’s market and will be highly sought after by occupiers

  • Ability to sub-divide into two separate parcels whilst retaining existing warehouse (previous DA)

  • Ability to build a further 3,100sqm (approx.) of GFA (subject to council approval)

The property is offered for sale via expressions of interest closing Thursday 21st August 2025 at 4pm (AEST).

For further information and to arrange an inspection please contact the exclusive agents:

Read More
Dataroom
Tenanted Investment

Property Location of 28 Magnesium Drive, Crestmead, QLD, 4132

Property Map
28 Magnesium Drive, Crestmead, QLD, 4132 Crestmead
Blue Commercial
Blue Commercial
level 4, 89, McLachlan Street, Fortitude Valley, Brisbane City, Queensland, Australia, 4006
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