45 Hume Drive, Bundamba, QLD is 10,000sqm industrial facility located ~30km southwest of the Brisbane CBD, with close proximity to key road networks. Currently leased to three (3) high quality tenants.
The objective is to increase rental income as current rents are below market, delivering a resilient and attractive cash on cash distribution profile and compelling risk adjusted returns.
Strong industrial market fundaments and continued rent growth are supported by Australia’s relatively strong economy and population growth, while supply is constrained given limited land availability, planning challenges and construction costs.
Purchase prices underpinned largely by land values, whilst offering holding income with positive reversion
Low site coverage enhancing property differentiation
Strategic location positioned in a high-growth residential corridor, providing strong long-term tenant demand
Surrounded by major occupiers including Toll, Coles, Reject Shop, Costco, and Australia Post
High-specifications – up to 9.5m clearance, 17 roller shutters, and ESFR sprinklers, meeting modern logistics and warehousing standards.