Industrial property in Crestmead, Brisbane — lease, sale & leaseback and build-to-suit

Local context

Why Crestmead is strategic

Crestmead carries two industrial identities that together make it one of Logan's most significant precincts. The first is legacy: the established industrial area centred on Magnesium Drive has for years hosted major trade, building-supply and manufacturing tenants including Metcash, Tilling Timber, Stratco and John Deere, giving the suburb a genuine base of blue-chip occupiers well before its newest expansion began. The second is scale: the Crestmead Logistics Estate, on the corner of Green and Clarke Roads, is a nine-stage development covering roughly 157 hectares, with a total project value in the order of $1.5 billion — among the largest single industrial projects ever undertaken in Queensland.

Developer Pointcorp is delivering the estate progressively, with the completed project expected to provide around 650,000 square metres of warehousing, business, logistics and manufacturing space and to create in the order of 6,000 jobs. Stage one alone saw a 36-hectare parcel acquired by Singapore's Mapletree Investments for around $90 million, underpinning a logistics park spanning some 200,000 square metres at an end value of roughly $440 million — since expanded further as Mapletree grew its footprint in the estate. Beyond Mapletree, occupiers and developers across the estate include GPT, Bunnings, Toll and Nick Scali, with more than 1.1 million square metres of estate land sold to date.

That scale of institutional and blue-chip commitment places Crestmead firmly in the top tier of Logan's industrial suburbs. It sits directly off the Logan Motorway, giving the estate the same two-directional reach toward Brisbane and the Gold Coast that defines the wider corridor, while its Green Road and Clarke Road addresses provide direct estate access without competing for capacity on older arterial roads. For an occupier assembling a modern logistics or manufacturing footprint in Logan, Crestmead now offers a rare combination: genuine scale for new, purpose-built facilities, and an established occupier base proving the location's long-term durability.

The suburb's growth has been watched closely by industry commentators as emblematic of the wider transformation under way across Logan, where major logistics estates in Crestmead and Berrinba's Wembley Business Park have together been credited with helping establish the city as an industrial powerhouse within South-East Queensland. For long-term owners, that combination of institutional validation, motorway access and continuing development capacity is precisely the setting in which single-tenant industrial assets can be expected to perform over decades rather than cycles.

Typical asset types here

Crestmead spans both large-format, master-planned logistics facilities within the Crestmead Logistics Estate — typically tens of thousands of square metres, built to modern institutional specification — and established mid-to-large freestanding industrial buildings in the Magnesium Drive precinct, serving trade supply, timber, building products and manufacturing occupiers.

What drives demand

• A $1.5 billion, roughly 157-hectare master-planned logistics estate under active, staged development by Pointcorp.
• Proven institutional capital commitment — Mapletree, GPT and other developers already invested in the estate.
• An established base of blue-chip trade and manufacturing occupiers on Magnesium Drive predating the new estate.
• Direct Logan Motorway access, giving reach toward both Brisbane and the Gold Coast from a single location.
• A stated project pipeline of around 650,000 square metres of new space and roughly 6,000 jobs on completion.