Laying New Foundations: Local Family Secures Prime Kedron Property

Local Kedron family with design and construction businesses secures flexible opportunity after competitive EOI campaign in the inner-northern precinct of Kedron

JLL brokers Sam Richards and Gibson Leembruggen have successfully sold 69 Bristol Road, Kedron, for $2.8 million following a highly competitive Expressions of Interest (EOI) campaign.

The 810sqm Low Impact Industry zoned site is located one street back from Gympie Road and features a two-storey 742sqm building, comprising 249sqm of office space, 242sqm of showroom, and 251sqm of warehouse space.

Mr Richards, Senior Executive, Metropolitan Sales and Investments – Queensland, said the property was extremely sought after due to its flexible space, featuring an essentially even (33:33:34) split of office, showroom and warehousing areas.

“A container-height roller door improved functionality and operational efficiency. Generous car parking and easy access to major arterial roads were also key features that contributed to the successful sale,” he said.

The campaign attracted 75 direct enquiries and six formal offers, primarily from owner-occupiers and value-add investors.

The successful purchasers, Brisbane-based construction and design business owners Melissa and Wade Woodcroft were searching for a centrally located building with convenient access to the CBD and direct connectivity via the tunnel to Brisbane’s southern and western suburbs.

Their businesses – Emwinn Constructions, Ivy Rose Interior Design, and Concepts Unlimited Design – will occupy the space after renovations.

“It was essential to find a space that could accommodate all three of our businesses independently while maintaining a seamless connection between them,” Ms Woodcroft said.

“For our building company, we required a spacious warehouse with a mezzanine for offices and meeting spaces. Our interior design firm needed a large showroom — at least 150sqm — positioned near or directly linked to offices and meeting rooms for our building design business,” she said.

“Given that our home is in Kedron, securing an office nearby was ideal, as this is a long-term investment for us. Ample parking, both onsite and street-side, was another key factor, and this location provided excellent options for both.”

The three businesses are collaborating on a New York loft-inspired renovation.

“We’re excited to deliver a modern, revitalised space that enhances the industrial-residential landscape of Kedron,” Ms Woodcroft added.