The freestanding industrial property, comprising 1,225 sqm of building area on a 2,550 sqm
General Industry B site, achieved a sale price of $5.5 million. The transaction represents a
land rate of $2,157 per sqm and a yield of 3.73 per cent, underscoring the strength of the Eagle
Farm industrial market.
The campaign was led by Paul Anderson and Andrew Doyle of RWC Queensland, who said
enquiry and engagement levels reflected the area’s sustained demand imbalance.
“The campaign performed strongly as expected given the supply and demand dynamics for
Eagle Farm real estate,” said Paul Anderson. “It’s nice to see an owner-occupier win this
contest, allowing for the growth of their business.”
“Eagle Farm continues to demonstrate exceptional price growth year-on-year,” said Andrew
Doyle. “Owner-occupiers in particular are chasing scarce freestanding buildings with main-
road exposure, and when something like this comes up, it doesn’t last long.”
The property will be occupied by an undisclosed owner-occupier following the expiry of the
existing lease to Specialist Wholesalers Pty Ltd, trading as Truckline.
HIGH-RES IMAGE
