Goodman, Hale trade Brisbane business park
EXCLUSIVE
Goodman Group has sold one of its higher profile Brisbane investments off-market.
The Banyo South Industrial Estate at 50 Raubers Road, Banyo, traded for $28 million to Hale Capital Partners.
On 2.9 hectares also facing Nudgee Rd, it contains eight modern buildings with a total c13,000 square metres. One warehouse (building three) is configured with three tenancies.
There is also significant hardstand and parking.
Goodman paid Blackrock $10.65m for 50 Raubers Rd in mid-2012 (story continues below).
It previously traded seven years earlier for $11.63m.
Servicing a catchment of over 2.3 million within a 45 minute drive, Banyo is about 12 kilometres north of the CBD.
It is 5km to Brisbane Airport and 20km to the Port of Brisbane.
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