Skip Ribbon Commands
Skip to main content

News release

BRISBANE

$3.1 million for 7 Flinders Parade, North Lakes in JLL deal

Brand new, high quality office warehouse


​​​​​7 Flinders Parade, a brand new, high quality office warehouse located within the prestigious North Lakes Business Park has sold to Austraw in a deal negotiated by JLL's Nick Bandiera for $3.1 million.

Austraw, a leading Australian manufacturer and importer of the largest range of drinking straws, barware accessories and eco-friendly wooden catering and tableware, purchased the high-quality freestanding warehouse weeks after completion by Pamcor Constructions who developed the property. 

JLL's Nick Bandiera said the sale demonstrated strong acquisition demand for modern, freestanding facilities on the Northside.  

Property values in North Lakes continue to go from strength to strength as it continues to evolve and grow into one of the northside's premier business locations.

"At over 55 hectares, and located within 30 minutes of the Brisbane CBD, the North Lakes Business Park is the premier business park catering to Brisbane's northern growth corridor, catering for industrial, wholesale, retail and the high-tech industry."

The North Lakes Business Park is perfectly positioned, situated alongside the Bruce Highway only 1 km from the North Lakes Town Centre, and near to the Gateway Motorway providing access to major business centres and national road, air and rail networks. 

The property provides a total building area of 1,900sqm situated on a 3,970sqm allotment. The building offers a combination of showroom (100sqm), office (186sqm) and warehouse (1,614sqm), split over two levels at the front of the building, providing abundant natural light overlooking the adjacent parklands.

The warehouse is accessed via three container height roller doors and provides a generous 8.4m internal height at the eaves, plus 36 on-site car parks and ample concrete hardstand providing efficient truck access.​