A freestanding brick, block and metal clad office / warehouse adjoining the Archerfield Airport has changed hands in a $2,100,000 transaction negotiated by Raine & Horne Commercial’s Paul Gilles and Principal Joseph Grasso.
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The property situated at 27 Colebard Street West, Acacia Ridge was the long time home of Halifax Vogel Group who are now occupying larger purpose built premises in Carole Park.
The 1,487m² freestander was purchased by neighbour Brandon Electrical to facilitate their business growth. The property was to be offered for sale by Auction however Brandon Electrical jumped at the opportunity to purchase the property prior to the day.
“The Colebard St precinct is a very popular area for owner occupiers. It is a tightly held area and when properties do become available for sale buyers are quick to react” said Paul Gilles of Raine & Horne Commercial.
“27 Colebard St West is a property that can suit so many industry types. While being a perfect option for their growing business, the property is also a fantastic long term investment for the new owners” added Paul.
If you are considering buying, selling or leasing an Industrial property please contact Paul Gilles or Joseph Grasso at Raine & Horne Commercial on 07 3216 6666.
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