40 Schneider Road is a highly strategic, prime industrial property located within the tightly held and land constrained core industrial Eagle Farm precinct, 6km north-east of the Brisbane CBD. Eagle Farm is located within the Australia TradeCoast region, the largest employment zone in Queensland outside the Brisbane CBD, with good connectivity to Brisbane Airport and the Port of Brisbane.
The property consists of three main buildings constructed in 2013, with facilities including parking for 200 buses and 250 cars, refuelling and maintenance facilities and administrative buildings. The property is 100% leased to Brisbane City Council under a long-term, triple net lease.
Lease expiry profile:
Key tenant table:
|Tenant||GLA (sqm)||GLA (%)||Expiry (date)||Review|
|Brisbane City Council||6,543||100%||Sept-38||2.5%|
|Fund Ownership||50% CQE, 50% CLW|
|Total GLA (sqm)||6,543 sqm|