Brisbane industrial asset sells for $16.5 million

Image: Knight Frank A Brisbane office and warehouse facility in the TradeCoast Central precinct has sold for $16.5 million, with Ultra Labels Pty Ltd to remain in occupation under a long-term leaseback arrangement. The A-grade asset at 65 Backhouse Place, Eagle Farm, was purchased by a private investor on an initial yield of 5.45 per cent. The facility […] The post Brisbane industrial asset sells for $16.5 million appeared first on MHD .