Cleveland Warehouse Facility Sold for $1.63 Million
A freestanding industrial warehouse facility at Cleveland on Brisbane’s bayside has been sold by Ray White Commercial for $1.63 million.
The property at 53 Enterprise Street, Cleveland, was sold to a local owner-occupier by Ray White Commercial Bayside’s Jonathon Burrowes on behalf of a local investor.
Jonathon Burrowes said the property was sold as a vacant possession but had until recently been leased by the Queensland Ambulance Service.
“This is modern, freestanding warehouse building of approximately 1,526 sqm on a substantial site of approximately 3,041 sqm,” he said.
“The building offers 1,108 sqm of factory floor, 114 sqm of load bearing mezzanine, 196 sqm of office space over two levels and an attached 108 sqm secured, lock up storage building.
“It’s zoned ‘heavy industrial’ and includes extensive 3 phase power, compressed air lines throughout, multiple roller doors and staff amenities as well as plenty of on-site parking.”
RWC Bayside has been named Commercial Agency of the Year at the national REA Excellence Awards, cementing its position as Australia’s leading commercial property agency and placing the Capalaba-based business ahead of strong contenders from across the country. This prestigious award celebrates service excellence, marketing best practice and business innovation. … Read more
Australia’s commercial property market closed 2025 with transaction volumes reaching $85.58 billion across 9,015 sales, marking a 27 per cent increase over 2024’s $67.40 billion. The headline growth masks diverging geographic preferences, with Queensland surging while Victoria declined, alongside evolving sector appeal and significantly larger average deal sizes signalling a … Read more