The five-unit industrial project, situated within the Beaudesert Enterprise Precinct, has seen rapid take-up from both local trade operators and private investors.
The development, delivered by Spaceframe Buildings, features five newly constructed units ranging from 170sqm to 285sqm. Located adjacent to the new Reece Plumbing facility, the site is positioned as a primary trade hub for the region, benefiting from direct access to the Mount Lindesay Highway and the broader Brisbane and Gold Coast corridors.
According to RWC Queensland, three of the five units were committed prior to or shortly after the project's completion, fueled by demand from small-to-medium enterprises (SMEs) seeking modern facilities closer to home.
The current status of the 2 Don Franklin Court development is as follows:
Unit 1 (285sqm): Leased on a 5-year term to Scenic Rim Pilots (heavy vehicle escort services).
Unit 2 (170sqm): Sold to an investor; currently available for lease.
Unit 3 (175sqm): Under contract to an investor; currently available for lease.
Unit 4 (177sqm): Leased to Orthoswiss Brisbane (3+3 year term) and under contract to a private investor.
Unit 5 (198sqm): Leased to Bulldog Trimming; sold and settled.
Lease rates across the project have consistently achieved approximately $225 per square metre. On the capital side, sales to private investors have transacted at rates near $4,000 per square metre, signaling strong confidence in the regional industrial market's income profile.
Paul Anderson of RWC Queensland noted that the project’s success stems from addressing a long-standing supply gap in the local area.
“We like to assess and look under the hood of why a project fires,” Mr Anderson said. “In this case, there has been a shortage of modern industrial accommodation within Beaudesert. Local operators have previously been forced to commute to surrounding suburbs to access suitable premises.”
“When you deliver high-quality industrial space within an established precinct, the market responds. The participation from locally owned SME businesses has been the real driver behind this project,” he added.
Andrew Doyle of RWC Queensland said the shift toward local hubs is having a practical impact on business operations.
“Reduced commute times and operating from modern facilities within the Scenic Rim environment has made a tangible difference for these businesses,” Mr Doyle said.
Two leasing opportunities currently remain within the complex, Unit 2 (170sqm) and Unit 3 (175sqm), both featuring high-clearance, clearspan warehousing.
