Motorway Business Park - Paradise Road, Larapinta
60 Hectare Master Planned Industrial Estate in Larapinta, Brisbane.
Joint Venture with Australand Holdings Limited.
Timing: Completed.
End value: Fully developed - $500 million plus. Key facts:
• The estate has set a new benchmark in land sale rates, achieving in excess of $300.00/m2.
• Sites were sold to owner-occupiers, investors and developers within a 20 month period.
• Woolworths committed to a 25 hectare site, incorporating a purpose-built facility totaling 90,000 m2 under roof, with an end value of almost $300 million.
• The estate is serviced by the four-way Paradise Road Interchange, which opened in March 2007.
For futher information visit www.motorwaybusinesspark.com.au
|