The property, which includes 2,076sqm of building area on a 5,452sqm land parcel, was sold to UWIN CARS, a respected local automotive business with over 20 years of presence in the area.
Featuring 48 metres of street frontage and 38 per cent site coverage, the site offers strong exposure and strategic usability for a variety of commercial operations.
"This was a textbook example of demand meeting opportunity," said Jaems Balfour, partner at RWC Southwest.
"The property attracted strong enquiry from both owner-occupiers and investors, despite being sold off-market. The local buyer, UWIN CARS, saw long-term value in securing a high-profile site in their own backyard."
The sale comes as owner-occupier demand continues to dominate the industrial property market, driven by limited supply and increasing lease costs across South East Queensland.
“Owner-occupiers remain the most active players in this segment,” said Lachie Hale, director at RWC Southwest.
“With rising rents and a shortage of quality stock, businesses are making strategic purchases to secure long-term certainty. We expect this trend to strengthen further as interest rates ease in the coming months.”
The seller, a private owner-occupier, chose to divest the asset as part of a broader decision to relocate their Queensland operations back to Victoria.
