The 1,615sqm modern tilt panel facility, situated on a 2,847sqm main road site, attracted over 50 enquiries throughout the campaign, reflecting both its strategic location and functional design.
The asset had been home to MLA Holdings for more than two decades before the company opted to upgrade to a larger purpose-built facility, enabling this rare opportunity to come to market.
Harry Egan, the exclusive agent managing the sale, said the level of interest far exceeded expectations.
“This campaign generated strong momentum from day one. The response we received clearly demonstrated the market’s hunger for well-located, functional industrial properties with exposure and connectivity,” said Mr Egan.
“The site’s prominent frontage to Monier Road and direct access to major arterials like the Centenary Highway, Ipswich Motorway, and Logan Motorway made it an incredibly appealing proposition for a range of users.”
The successful purchaser is a local owner-occupier expanding their operations, adding to the growing trend of businesses looking to secure long-term positions in Brisbane’s western corridor amid historically low vacancy rates.
“The sale price not only exceeded expectations but also underscored the growing competition among buyers for limited stock,” Mr Egan said. “With vacancy sitting at around 3 per cent in this region, we expect price pressure to remain elevated and see continued capital growth in the short to medium term.”
“This sale reinforces the narrative we’re seeing across the western corridor; premium industrial assets with main road presence are in extremely high demand, and owner-occupiers in particular are moving quickly to secure them,” Mr Egan said.
The transaction reflects a broader trend across southeast Queensland, where industrial stock remains scarce and occupier demand is driving strong capital growth, particularly in core precincts like Darra.
