New industrial units planned in Brisbane’s south set to be snapped up as they hit the market

27 September 2024
A 21-unit industrial project, called The Assembly

  • A 21-unit industrial project, called The Assembly, will be built at 18-24 Loam Street in Acacia Ridge
  • The development follows the recent acquisition of the 6,331sq m site by Sunny Developments and The Hipwood Group for $4.4 million
  • Construction on The Assembly will start in the first quarter of 2025, with the development expected to be completed by mid-2025
  • The development is expected to meet strong demand for A-grade warehouse units in Brisbane

Units in a planned new industrial warehouse development in Brisbane’s south are available for purchase now, with demand expected to be strong as A-grade space remains highly sought after.

The 21-unit project, called The Assembly, is set to take shape on a 6,331sq m block at 18-24 Loam Street in Acacia Ridge following the recent acquisition of the site by Sunny Developments and The Hipwood Group for $4.4 million.

Construction will start in the first quarter of 2025, with the development expected to be completed by mid-2025.

Units in the assembly, which will have both warehouse and office space over a ground and mezzanine level, range in size from 95sq m to 315sq m and are priced from $645,000.

They are being marketed for sale by Lachlan Hateley and David Knox of Knight Frank in conjunction with Levi Maxwell of Colliers.

Each unit comes with between two to six exclusive-use car spaces, tailored to the size of the unit, as well as additional visitor bays and shared visitor bays, as well as private amenities.

The Assembly will also have communal facilities, smart hub capabilities including NBN, CCTV and electric car charging, two separate driveway points providing ample space for easy and efficient movement of vehicles and wide access points for smooth and efficient operations.

The development is strategically located within the thriving industrial hub of Acacia Ridge, 28 minutes south of the Brisbane CBD. The area has excellent connectivity, being close to major roads including Beaudesert Road, the Logan Motorway and Gateway Motorway and easily accessible to the Brisbane Airport, the Port of Brisbane, The Acacia Ridge Rail Intermodal and Archerfield Airport.

Mr Hateley said the development was expected to generate strong buyer interest due to both its location and the quality of the industrial units.

“We have experienced strong demand for new industrial land releases from both owner occupiers and tenants for quality A-grade warehouse units across Brisbane’s core southern industrial corridor,” he said.

“Several other projects recently developed in the area have sold out and are now fully occupied.

“Vacancy levels in Brisbane’s industrial market remain at record lows, particularly for quality space, and The Assembly provides a rare opportunity to secure a new warehouse in a prime location.

“The Assembly is suitable for a diverse range of businesses from small trades to large logistics operations.”

Possible uses for the units in the development include storage and distribution, workshops, light manufacturing, showrooms, offices, digital media studios, car detailing and repairs, food preparation and storage, e-commerce fulfilment and recreational storage.

Mr Maxwell said The Assembly was also well-located for growing businesses to attract employees.

“In addition to being well connected from a logistics point of view, the area has local amenity including retail and dining options, as well as the well-known Rocklea Markets,” he said.