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Hendra Distribution Centre, Brisbane

The industrial estate comprises over 80,000 sqm across multiple buildings, with progressive refurbishment and upgrades completed. The 15 hectare site is well situated in Brisbane’s Trade Coast precinct and boasts excellent road, port and air accessibility. The site has future redevelopment potential.

Location: North Brisbane, Qld
Acquisition date:Jul 2000
Cost including additions:$57.9 million
Last Independent Valuation
Date:Jun 2017
Valuation:$93.0 million
Valuation $/m2:$1,110/m²
Capitalisation rate:7.75%
Discount rate:8.25%
Lettable area:83,807 m²
Site area:15.0 ha
Hardstand:5,000 m²
Weighted average lease expiry:3.8 years
Major TenantsGLA m2
Queensland Rail Limited7,902
CV Services Group7,849
Automotive Holdings Group Ltd14,810
Kmart Australia Ltd14,213