Corporate Positioning Successes
3039 Beaudesert Boonah Rd
In 2015 Korda Mentha as receivers and managers appointed Greg Russell to assist with the sale of a strategic holding with significance regarding its connectivity to the proposed inland rail project. Understanding the importance and innerworkings of the national rail network was instrumental in Greg introducing “Australian Rail Track Corporation” (ARTC) as the eventual purchaser.
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Land Area – 846ha
Zoning – Rail Dependant Industry/Medium – High Impact Precinct
Sale Price – $15.0m
Purchaser – Australian Rail Track Corporation (ARTC)
Description – Largest single holding in the BSDA. Existing D.A. for a rail intermodal and adjoining industrial.
Cnr Sandy Creek and Flood Rd’s
The then directors of “Lees Environmental” were seeking a holding in the BSDA for their operations. They had missed out on two opportunities including one offered by Bromelton Industrial Partners. Bromelton Industrial Partners approached a rural owner of a property that included a significant portion of “Special Industry” zoned land in regard to a potential sale. After a formal campaign the former directors of Lees Environmental secured the property.
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Land Area – 45.25ha
Zoning – Special Industry Precinct/Transition Precinct
Sale Price – $3.5m
Purchaser – Food waste participant
Description – Slightly undulating parcel with 1.38km frontage to the interstate Rail line.
Lot 1 Beaudesert Boonah Rd
Cleanaway were actively seeking a footprint in the BSDA for the construction of an “Energy and Resource Centre”. Bromelton Industrial Partners engaged with a long-term client for the sale of significant parcel in the BSDA and after a formal sales campaign negotiated a successful sale to Cleanaway.
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Land Area – 63.31ha
Zoning – Special Industry Precinct
Sale Price – $8.2m
Purchaser – Cleanaway
Description – Regular shaped parcel with significant frontage to Beaudesert Boonah Rd and the interstate Rail line.
2430 Beaudesert Boonah Rd
A long-term rural owner approached Bromelton Industrial Partners regarding a potential sale of a significant cattle breeding holding in the BSDA. The holding also included 360ha of “Transition Precinct” zoned land that had a potential higher use. Bromelton Industrial Partners introduced R.G. Hazell Pty Ltd, a major participant in the building and resources industries with a background in cattle grazing, as a potential purchaser. A structured sale was agreed that allowed for the relocation of the existing owner.
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Land Area – 838.32ha
Zoning – Transition Precinct/Rural Precinct
Sale Price – $11.25m
Purchaser – R.G. Hazell Pty Ltd
Description – Existing cattle breeding facility across 12 freehold titles. 360.25ha of Transition Precinct land suitable for a potential higher use.
541 Sandy Creek Rd
Bromelton Industrial Partners (BIP) were aware the existing owner was interested in a potential sale. The property had a previous Development Approval for a truck depot with an element of civil works completed. When “Australian Natural Extracts”, the eventual purchaser, approached BIP looking for a potential site for a truck depot BIP quickly negotiated a conditional sale. The sale process included the introduction of an independent town planner who advised that due to Development Approval extensions offered through the Covid lockdown the Development Approval was still in place. The sale included an extended leaseback clause for the vendor.
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Land Area – 1.97ha
Zoning – Special Industry Precinct
Sale Price – $1.3m
Purchaser – Australian Natural Extracts
Description – Regular shaped parcel with D.A. for a truck depot. An element of civil works have been completed.
WHAT PEOPLE ARE SAYING
“We were considering selling our property that had been in the family for over 100 years. We spoke to Jeff and Greg and got a very positive feeling based on their knowledge of the rural sector and importantly the zonings with the Bromelton SDA and the potential value uplift due to these zonings. After a formal campaign where Jeff and Greg undertook over 20 personal inspections of the entire property a deal was entered into. Unfortunately this deal did not proceed however Jeff and Greg to their credit were able to secure another contract with one of the other interested parties. They continued to assist by coordinating valuation inspections etc . When things slowed down their continued persistence overcame any hurdles.”