Government-owned developer buys intermodal site from mortgagee-in-possession
EXCLUSIVE
Federal government-owned logistics developer National Intermodal has acquired a 170.8-hectare industrial site in south east Queensland’s primary inland freight corridor, from a mortgagee-in-possession.
The Charlton site, previously planned for the InterLinkSQ intermodal facility, cost $14 million.
Spread across five titles, zoned Medium Impact Industry under the Charlton Wellcamp Enterprise Area Local Area Plan, it comes with a Material Change of Use (MCU) approval for a global logistics centre and rail intermodal base.
Permission also exists for Draper Road to be extended into the block.
National Intermodal – established in 2012 by the federal government to build and operate state-of-the-art open-access intermodal precincts connected to the Inland Rail network – plans to develop the property into a critical regional freight hub.
Development planned
Bordered by the Western main rail line, the predominantly flat and cleared parcel, 167 Draper Rd, is also near major transport arteries including the Toowoomba Second Range Crossing (Bypass), Warrego Highway and Gore Highway (continues below).
Toowoomba Wellcamp Airport is about 12 kilometres north-east of the site.
The CBD is 15km west.
Ray White Special Projects’ Matthew Fritzsche, Mark Creevey, Tony Williams, and Michael Willems with Ray White Bespoke’s James Hanley, Christopher Czernik-Wojcicki, Emma Harris, Dale B., Andrew Burke, and Kate Blucher, brokered the deal on behalf of a mortgagee in possession.
Charlton sits at the heart of Toowoomba’s most active industrial land corridor, part of the Toowoomba Trade Gateway/Enterprise Hub, they said upon listing.
National Intermodal was named in 2022, having originally been incorporated by the federal government as Moorebank Intermodal Company in 2012.
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