45 Alexandra Place Murarrie is a fully-leased, A grade logistics and industrial complex in Murarrie, Queensland, adjacent to the Gateway Bridge east of the Brisbane CBD. Major tenants include Australia Post (StarTrack) and Tabcorp.
The complex which was acquired by Westlawn Property Trust in September 2016 for $10.3M is part of the Australia Trade Coast precinct, a unique 8000ha trade and industry region 6km from Brisbane’s Central Business District. Located at the mouth of the Brisbane River, the development was designed to maximise the location’s favourable air, sea, road and rail networks, including the Port of Brisbane, Brisbane Airport, and the M1 Motorway. With world-class infrastructure, strategic government partnerships, export facilities, and expected growth on offer, Australia Trade Coast is one of the fastest-growing trade and industry regions in Australia.
The acquisition sits within the Board’s strategy of utilising new capital raised through the Trust’s 2016/17 capital raising to acquire properties in the $10m – $30m range, located in south-east Queensland or north-east New South Wales.
45 Alexandra Place, Murarrie, Queensland, Australia