Skip to content
Walter Taylor — A Wattlestone Company

When you need more space

Outgrowing your premises in Brisbane? Your real options

Direct answer

If your business is outgrowing its premises in Brisbane, you have four options: lease a bigger space, buy a building, wait it out — or approach a long-term property partner directly to acquire or build the right facility and lease it back to you. The fourth is the least known and often the best for a growing business.

Running out of room is a good problem — it means the business is working. But the usual fixes (scramble for a bigger lease, sink capital into buying, or make do) each carry a cost. Here are all four options laid out honestly, including the one most owners never hear about.

Key facts

Best for
Businesses growing out of their current premises
Capital required
None — you lease, we own
We provide
Acquire-to-suit · build-to-suit · sale & leaseback
Where
South-East Queensland industrial
Tenure
Long-term, with room to grow
How to start
A direct conversation about your requirement

Your four options, compared honestly

There's no single right answer — it depends on your capital, your growth runway and how purpose-specific your operation is. Here's the trade-off in each.

OptionWhat it isUpsideThe catch
Lease a bigger spaceFind and lease a larger premises on the open market.Flexible; no capital tied up in property.You're limited to what's listed today; you carry the move; and lease-end uncertainty repeats every few years.
Buy a buildingPurchase a larger premises to own and occupy.Control and security; an asset on the balance sheet.Large capital — often with debt — locked into property instead of the business, and you carry all the property risk.
Wait it outStay put and make the current building work a while longer.No cost or disruption today.Constraints compound — capacity, efficiency, staff — and you face the same decision later with less runway.
Approach a partner directlyBrief a permanent-hold owner to acquire or build the right facility and lease it to you.Purpose-fit premises, no capital tied up, long tenure, and a partner who re-homes you as you grow.It takes a conversation and some lead time — and it's the option most businesses don't know exists.

Why owning ties up capital at a poor return

Owning your premises feels safe, but it's rarely where your capital works hardest. Money sunk into bricks and mortar typically earns a property yield; the same money reinvested in the business — stock, plant, people, sales — usually earns a multiple of that.

That gap is the real cost of owning. For a growing business it can be the difference between funding the next stage from your own balance sheet and having the capital trapped in a shed.

What a direct partnership actually looks like

Three shapes, one principle — we provide the property so your capital can stay in the business:

  • Acquire-to-suitWe buy the right larger building to fit your requirement and lease it to you, with room to grow into.
  • Build / develop-to-suitIf the right building doesn't exist, we fund, acquire and build it around your operation, then hold it long term.
  • Sale & leasebackIf you already own and need the capital, we buy your building and lease it straight back — then help you into the next one when you outgrow it.

What you keep

  • Real tenure — long leases with genuine renewal certainty.
  • Fair, transparent, market-evidenced rent reviews — no games.
  • A landlord who reinvests capex into the asset over the hold.
  • A partner who'll find or build your next building and move you across the portfolio when you outgrow this one.

Common questions

Do you have a bigger building available right now?
We don't keep a list of vacant stock. We're demand-led — we source or build to your requirement. Tell us what you need and we'll work out whether we can acquire or build it, and over what timeframe.
How far ahead should I start the conversation?
Earlier is better. If you can see the squeeze coming 12–24 months out, you give us time to find or build the right building rather than settle for whatever is listed when you're desperate.
Can you work with my agent?
Yes. Many requirements come to us through agents, and we pay fees promptly. If you're already working with one, bring them along — we're a direct principal, not a replacement for your advisers.
What size and type of premises do you focus on?
Industrial across South-East Queensland — warehousing, logistics, manufacturing and similar — as close to Brisbane as the covenant allows. Tell us your requirement and we'll be straight with you about fit.

Start a conversation

Tell us your requirement

Talk to us directly about the premises your business needs — to outgrow, to free up capital, or to have built. One conversation with the people who decide.

Email the team

We work with agents. If you’re an agent with a tenant requirement you can’t place or an off-market opportunity, bring it to us.