investLogan has recently commenced construction on a mixed business and industry precinct in Berrinba, which will deliver a much-needed boost to the local economy and expanding commercial space in the growing precinct.
The development was officially launched by investLogan Chair Steve Greenwood, Mayor of Logan City Darren Power and Councillor Jon Raven Deputy Mayor of Logan City.
The precinct is set to be located at 180-186 Wayne Goss Drive, Berrinba, creating more industrial space for local businesses and a secure investment opportunity for local investors.
Six mixed business and industry units are planned for the precinct, ranging from 200 m2 to 250 m2. Each unit will include office and showroom space, individual amenities and a fully accessible high-clearance warehouse.
The precinct will be situated in a highly visible site within the multi-award-winning South West 1 Enterprise Estate, and adjacent to the Berrinba Central development, the first stage set for completion by the end of 2021.
Lory Construction has been appointed to deliver the project and it will be marketed by Corwells for sale and lease.
investLogan Chairman Steve Greenwood said he was confident the demand from commercial and industrial businesses will continue to be strong locally.
“Demand for commercial and industrial space in Berrinba is increasing rapidly thanks to continued investment in infrastructure in the area,” Mr Greenwood said.
“We anticipate a high level of interest on the project, given high returns on commercial assets and long-term security to investors and tenants alike.”
Construction on the development is set for completion in early 2021.