547 Industry Park comprises an existing 3.5 Ha industrial business park comprising 27 office/warehouse units and an additional 5.5 Ha of developable industrial land approximately 7km west of the Townsville CBD.
- Gibb Group identified the investment opportunity and then acquired 547 Industry Park on behalf of a syndicate of investors in March 2012 and has subsequently worked on the re-positioning, re-leasing and also piecemeal disposal of the asset.
- 547 Industry Park is a high quality industrial park comprising office warehouse units ranging in size from 187 sqm to 1,278 sqm while the adjoining and additional 5.5 Ha of vacant land offers the ability to offer prelease solutions for industrial users or alternative vacant land sales to industrial owner occupiers.
- Gibb Group delivered a new access road as part of the assets re-development, which now provides direct access to and from the Bruce Highway, further increasing the assets value and ensuring the benefits of it’s main road location are maximised.
