Brisbane – 9 Viola Place

State of the art logistics and office facility in the Brisbane airport commercial precinct

Location

Brisbane, NSW

Target

9% p.a.

Description

The property occupying 9-13 Viola Place is a state-of-the-art logistics and office facility in the Brisbane airport commercial precinct.

Eagle is mindful of the impact of technology and its effect on property. The emergence of ‘clicks vs bricks’ has shifted retail spending from traditional shopping centres to the internet. Well located logistics facilities are the beneficiaries of this structural change, and in this respect, Viola Place ticks all the boxes. In addition to the warehouse component, the property enjoys a large clear span floor plate office component that is ideally suited to project-based organizations such as Hitachi Rail STS.

Tenants

9 Viola Place is a rare asset as it combines both logistics and large floor-plate office accommodation. It was built for the anchor tenants:

DHL Global Forwarding – a division of Deutsche Post, DHL and is an air, ocean, rail and road freight forwarding specialist. It handles major logistics projects under the brand name DHL Industrial Projects. Together with DHL Freight, it forms Deutsche Post’s Freight/Forwarding.

Hitachi Rail STS (previously Ansaldo Signalling and Transportation Systems or Ansaldo STS) – an Italian transportation company headquartered in Genoa, Italy and a wholly owned subsidiary of Hitachi (Listed Tokyo Stock Exchange – TYO:65010).

Our approach

The property must make sense. There needs to be a sensible plan to achieve the projected outcomes. If it has good bones, is in a great location, and has multiple options to achieve the requisite returns then we’re interested.

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© Eagle Property Group. ABN 9915 9438 623 All Rights Reserved. The references to ASIC and APRA above do not in any way intend to show or infer that Eagle Property Group has been endorsed, is associated with, or approved by either of these bodies. Eagle Property Group operates under Australian Financial Services Licence (AFSL) no. 402998. This AFSL is held by Crest Funds Management Pty Ltd, a company wholly owned by the shareholders of Eagle Property Group. By virtue of the AFSL, Eagle Property Group is regulated by the Australian Security and Investments Commission. Site made with love by Orange Bicycle