Warehouse In Tingalpa Leased to Queensland Glass

QUEENSLAND GLASS DOUBLES UP AT TINGALPA

One
of Australia’s leading glazing and aluminium supply companies Queensland Glass
has secured a facility next to its former premises at Tingalpa in Brisbane’s
east.

The
property at 24 Container Street, Tingalpa, has been leased in a deal negotiated
by Jared Doyle of Ray White Commercial Brisbane Trade Coast.

Mr
Doyle said Queensland Glass had outgrown its existing facility at 28 Container
St, Tingalpa, and had expressed an interest in the neighbouring property when
it became available.

“They
now intend to operate out of both facilities,” Mr Doyle said.

“Their
plan is to visually tie the two properties together with external façade
treatments that will make them look like one facility.”

The
freestanding, 1361 sqm clear span warehouse leased by Queensland Glass offers
dual container height roller door access and includes almost 100 sqm of office
space.

“The
property has a fully fenced yard, great street exposure and signage
opportunities,” Mr Doyle said.

He
said during the leasing process with Queensland Glass there was interest from
several other groups in the property.

“Multiple
offers were received but the private investor owner decided to accept an offer from
a neighbour,” Mr Doyle said.

“It
means though I have a number of groups looking for a warehouse of similar size
in the Tingalpa area.”

Queensland
Glass has taken out a 3 x 3 year lease at a net rental industry sources
estimate to be approximately $136,000 per annum.