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Former Australia Post DC available in Brisbane

A rare opportunity for industrial users has come up in Brisbane, with a former Australia Post sorting and distribution facility in Underwood now available for lease.

Australia Post originally developed the site in 1991 before  expanding the site further in 2000. The facility comprises 24,873sqm of under-roof area located on a 97,840sqm site.

According to Anthony White, National Director at Colliers International, this new leasing opportunity will deliver some huge cost benefits for the right user. “If you were going to build this kind of facility again, you would be looking at a significant investment. By leasing an existing building there is a huge cost-saving to be realised,” he says.

The facility was purpose built as a sortation and distribution centre and is typical of Australia Post Distribution Facilities in that it has overly generous truck hardstand and excellent staff amenities.

“It has a massive amount of infrastructure already included. The fire systems were recently upgraded, the site is fitted with air conditioning and has great general facilities for staff. The cost replication of this kind of infrastructure is massive,” Anthony says.

The site’s underlying infrastructure includes a large three-sided dock with 13 sunken docks and undercover loading for 5 B-doubles, drive around and drive through access as well as truck servicing, refuelling and wash facilities.

The site will be ready for new tenants in May, with areas available from 8,000 sqm.

According to Anthony, the site is suitable for a range of different businesses. “Whether it is straight forward warehousing and distribution, 3PL or e-commerce organisations, this site is suitable for any organisation looking to get the most out of their spend,” Anthony says.

Underwood itself offers a great base for distribution. “It is a landlocked precinct which sits with proximity to both the M1 and Gateway Arterial Network, allowing for excellent connectivity to Metro Brisbane, Ipswich and the Gold Coast. The Port of Brisbane and Brisbane Airport are within 24 minutes and the site sits directly adjacent to a regional shopping centre providing excellent amenity for staff,” Anthony says.

Sites like this are rare to find in this area of Brisbane, and Anthony is urging anyone with a warehouse leasing requirement to get in touch as soon as possible.

In addition to the flexibility around size of space required, the owner is also flexible with regards to length of lease. “We’re happy to discuss anything from a three to ten-year leasing arrangement. So this site could be ideal if you’re not sure what demand will look like in the upcoming years,” Anthony says.

To find out more, contact Anthony White, National Director – Industrial, Colliers International on 0402 026 825 or at anthony.white@colliers.com.

 

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