Secured in January 2025, 22 Suscatand Street, Rocklea exemplifies a high-performing industrial acquisition achieved through strategic repositioning. Purchased vacant for $3.4 million, below its $3.6 million asking price, the property was swiftly leased post-settlement to deliver a 6.2% yield. The modern, freestanding warehouse offers excellent functionality and accessibility within Brisbane’s thriving southern industrial precinct. Within just six months, the property was revalued at $3.9 million, representing a 10% capital uplift and validating the strength of the leasing strategy. This acquisition underscores our ability to identify underutilised assets, secure value-add opportunities, and deliver rapid performance outcomes aligned with a dual focus on cashflow and capital growth.
