Interchange Industrial Park, Wacol
Key Property Information
The properties are located in the industrial suburb of Wacol, approximately 17km south-west of Brisbane’s CBD, and boast direct access to major arterial roads such as the Ipswich Motorway and Logan Motorway. The two sites combine to make up almost 12 hectares.
72 Formation Street comprises two levels of office at the front and a building with warehouse and production accommodation to the rear. 3676 Ipswich Road has a 50,000m² warehouse master plan with stage 1 comprising 13,000m² currently under construction and due for completion by then end of 2008.
Key Information
| Location: | South Brisbane, QLD |
| Acquisition Date: | August 2006/June 2007 |
| Ownership/Title: | 100%/Freehold |
| Independent Valuation: | July 2006/June 2008 |
| Valuation ($/m2): | $35.0 million |
| Capitalisation Rate: | 7.50% (Refers to 72 Formation Street) |
| Discount Rate: | 9.50% (Refers to 72 Formation Street) |
| Lettable Area: | 15,732m² |
| Site Area: | 11.5 hectare |
