Helensvale Business Park, QLD
2 Millaroo Drive, Helensvale, QLD, 4212
Development of 81 (strata industrial units) in Helensvale, Gold Coast.
Key Item
Value
Property Type
Land Size
Industrial
4.745 hectares

In September 2023, Metrics was presented with an opportunity to participate in a JV for the acquisition and development of a light industrial project on the Gold Coast. Metrics entry into the JV was contingent on planning approval being granted, mitigating planning risk for the project.

‍

The site is adjacent to a Westfield shopping centre, Helensvale train station and light rail station. The site also has direct exposure to the Pacific Motorway (M1), which connects Brisbane and the Gold Coast, providing easy access for occupants and customers.

‍

The development consists of concrete-walled units with mezzanine office and on-grade car parking. The units range from 250sqm to 500sqm, targeting a variety of purchasers including investors and owner-occupiers. Delivery will occur in multiple stages to manage sales velocity and ensure price growth with larger, more premium product to be delivered in later stages.

‍

The development is well progressed with construction of the initial stage complete and the entire stage sold and settled. Main works are underway for subsequent stages with a target final completion date of early 2028.

Email us
invest@metrics.com.au
1300 010 311
Mon-Fri 9:00 - 5:30
Follow us on LinkedIn
Disclaimer
Issued by Metrics Credit Partners Pty Ltd ABN 27 150 646 996 AFSL 416 146 (Metrics).

Metrics makes no representation or warranty as to the accuracy, completeness, reliability or currency of it. The content is not intended to be a complete statement or summary of any markets, developments or securities referred to herein.

The content is provided for informational purposes only and is not intended to provide you with financial advice. It has been prepared without taking into account a particular person’s objectives, financial situation or needs.

The content does not purport to identify the nature of a specific market or other risks associated with any investments described within it and does not constitute legal, taxation, investment or accounting advice. If you require financial advice that takes into account your personal objectives, financial situation or needs, you should consult your licensed or authorised financial adviser.

Any opinions expressed in the content are subject to change without notice and may differ from, or be contrary to, opinions expressed by other business areas or companies within the same group as Metrics as a result of using different assumptions and criteria.

The content should not be construed as an offer or solicitation to buy or sell any financial product in any jurisdiction. To the extent permitted by law, Metrics excludes all liability for any loss or damage arising in any way due to or in connection with the publication of the content, including by way of negligence. Forward looking statements should not be relied upon. All investments contain risk and may lose value. Past performance is not a reliable indicator of future performance.