Wattlestone is pleased to announce it has acquired the 1.7 acre industrial property located 12 km north of the Brisbane CBD. The property represents Wattlestone’s long term positive outlook in the industrial and Brisbane’s property market and representative of the focus on real estate assets that provide a value add opportunity for a long term hold.
The asset provides an immediate opportunity to refurbish and reposition the asset to suit the end users requirements supported by longer term growth potential through the continued infill development north of Brisbane.
The sale of the Banyo asset was negotiated by Bevan Galloway of Cushman Wakefield.
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