Your Opportunity IS NOW
Troy Sturgess & Aaron Canavan from RWC Northern Corridor Group are pleased to present 16 Ferrier Road, Narangba for sale via Offers to Purchase closing 4pm Thursday 1 May 2025
FEATURES:
456m2 stand alone warehouse on 986m2 allotment
426m2 warehouse with 30m2 approved mezzanine and 46m² lean-to
Automated front gates and roller doors
Latest CCTV and wifi technology system
LED lighting
2x Offices with split air conditioning system
80 amp 3 phase power with provisions to upgrade
Energy saving 10kw solar power
Male & Female toilet amenities
Our dynamic and acclaimed team strategically operates from three well-positioned offices spanning the South East Queensland Northern Corridor, dedicated to serving clients in the SUNSHINE COAST, MORETON BAY & NORTH BRISBANE regions
Offers to Purchase Close 4pm Thursday 1 May 2025
To learn more about this exclusive opportunity, arrange an inspection or receive a copy of the compressive due diligence pack, please contact exclusive marketing agents Troy Sturgess or Aaron Canavan
Troy Sturgess
Sales & Leasing Executive 0432 701 600
troy.sturgess@raywhite.com
Aaron Canavan
Commercial Principal 0447 744 948
aaron.canavan@raywhite.com
Executive Summary
ADDRESS 16 Ferrier Road, NARANGBA, QLD 4504
PROPERTY DETAILS Lot 13 on RP139521
BUILDING AREA
LAND AREA
456m2
986m2
LOCAL AUTHORITY Moreton Bay City Council
ZONING Light Industry
Services
OUTGOINGS
Water, electricity (including 3 phase) and sewerage as well as access to telecommunications
Insurance - $2,492 per annum
Rates - $4,392 per annum
Water - $655 per annum
Total: $7,539 per annum * approx
4 Reasons to Invest
The City of Moreton Bay is emerging as one of Queensland’s most promising locations for commercial property investment, offering unparalleled opportunities for long-term growth and stability. The region’s escalating construction costs, an acute shortage of industrial land and its fast access to transport links make it a prime market for high-performing assets like 16 Ferrier Road, Narangba
1 A Chronic Supply Shortage
Industrial land in Narangba is in critically short supply, with vacant land rates skyrocketing from $300/m² in 2020 to over $650/m² in 2024 a staggering 115% increase in just four years. This sharp rise underscores the growing demand and limited availability, setting the stage for continued upward pressure on prices Unlike other areas, there is no General Industry land earmarked for future subdivisions between Caboolture and Brisbane, effectively locking in the scarcity factor
2. Property Function
A freestanding commercial property with low site coverage is a rarity and offers several advantages, including potential for expansion, improved aesthetic appeal, and greater flexibility in terms of land use These factors not only contribute to a more versatile and valuable asset but can also lead to cost savings and long-term appreciation Investing in such a property allows the buyer to build for the future, while enjoying the benefits of an open, accessable, and attractive space.
3. A Market Poised for Growth
Moreton Bay sits at the nexus of Brisbane’s northern growth corridor, benefiting from proximity to key transport links, expanding infrastructure, and a rapidly growing workforce. As industrial and commercial businesses look for alternatives to Brisbane’s increasingly constrained market, Narangba has become a natural choice for expansion This influx of activity is driving up demand for quality properties, offering investors or owner occupiers significant capital growth potential
4. Strategic Value
Investing in a property like 16 Ferrier Road is more than just acquiring a high-performing asset; it’s about securing your position in a market with diminishing opportunities Industrial land in Narangba is not just rare it’s becoming irreplaceable With no new subdivisions planned and ongoing demand outpacing supply, properties in this area are likely to experience sustained growth, making them a valuable addition to any portfolio.
“Narangba represents a unique blend of growth potential, scarcity-driven value, and strategic location. For those seeking to diversify their portfolio with a premium property that delivers dependable returns, now is the time to invest in Narangba’s thriving commercial market”
- Ashley Rees, Senior Analysis
*Approximately
What Drives the Narangba & Deception Bay Industrial Market?
To fully understand the opportunities and threats you will face with your commercial property, you must first understand what is driving the market
POPULATION GROWTH
We have the population of Rockhampton moving to the immediate area over the next few decades Caboolture West and Morayfield South will house more than 100,000 new residents. Add to this the continued expansion of North Lakes, North Harbour and Dakabin and you have one of the most significant residential growth corridors in Australia
LAND SUPPLY CONSTRAINTS
The next five years in particular will see further tightening of what is already a chronic supply shortage of industrial land in the region Vacant industrial rates have increased from $300m2 in 2020 to over $650m2 in 2024 There is now no remaining land earmarked for General Industry subdivision between Narangba, Deception Bay and Brisbane. Future industrial land supplies to the north and west of Caboolture face major infrastructure hurdles and in any case would only provide enough supply to satisfy current demands and will barely scratch the surface of what is truly required to service this growing population.
CONSTRUCTION COSTS
Construction prices have been a major source of the CPI issues that drove the interest rate hikes of 2023. There has been a perfect storm of international conflict, labour shortages, fuel, materials and competing infrastructure projects impacting all facets of commercial construction. The South East Queensland market has been impacted more than most areas due to the Olympic infrastructure pipeline of projects that has taken tier 1 builders out of the private industrial construction pool.
AFFORDABLE HOUSING & LABOUR
Industrial businesses across the country are struggling to access the necessary skilled labour and housing affordability and cost of commuting are the two factors that dictate workforce location. Narangba and Deception Bay has the potential to supply close to 40,000 new homes, spurred on by the Government’s Affordable Housing mandate. This is proving doubly attractive for businesses in the trade services and building supply industries, who want to position themselves to servicing the demand from the same residential construction projects that this new labour force will call home
Location Overview - Narangba
Narangba is a town is a suburb of the Moreton Bay region, approximately 32 kilometres north of Brisbane CBD, 34 kilometres to Brisbane Airport, and 54 kilometres to the Port of Brisbane Narangba railway station provides access to regular Queensland Rail City network services to Brisbane and Ipswich, as well as Caboolture and the Sunshine Coast.
It is thought that the name was derived from an Aboriginal word describing the ridge on which the village was built. When the railway was opened in 1888 the situation was at first known as Sideling Creek
Narangba is supporting a growing population via urban sprawl, with housing affordability issues driving an increasing number of buyers (and renters) to these satellite suburbs, still commutable distance to the city. There are a number of schools, sporting fields/facilities and retail outlets, as well as an industrial base.
The Narangba Innovation Precinct is an industrial estate developed by the Queensland Government in the 1970s as an area to support a range of industrial land use types The precinct is located adjacent to the Bruce Highway and Boundary Road at Narangba, with parts of the precinct on the west and east side of the highway.
The Southeast Queensland Regional Plan 2017 (ShapingSEQ) identifies the area as a major enterprise and industrial precinct because it is a significant contributor to the regional economy. The precinct is also one of very few industrial estates that caters for large scale, hard-to-locate industries in SEQ The part of the precinct on the eastern side of the highway is where a number of existing higher impact or (traditionally referred to as) noxious and hazardous industrial land uses are located.
*Approximately ^ Outline & Location Indicative Only
Aerial Overview
*Approximately ^ Outline & Location Indicative Only
*Approximately ^ Outline & Location Indicative Only
Ready to Go With Room to Grow
Caboolture
Narangba
By 2031, Moreton Bay will have a larger population than Tasmania!
The rapidly expanding catchment has been the beneficiary of a perfect storm of post-COVID market conditions that will see the population double by 2041
A strong pipeline of residential master planned precincts like Caboolture West, Morayfield South and North Harbour has seen a flood of State and Federal infrastructure investment geared to capitalise on Moreton Bay’s capacity to deliver a high volume of much needed affordable housing to help address the accommodation crisis
The young, active demographic of the region provides a readymade labour pool that is proving increasingly attractive to businesses struggling with the tight labour market of today.
The result of these factors is an extremely strong industrial property market, as businesses jockey for position to capitalise on the workforce and construction pipeline of this booming region
Moreton Bay has experienced a perfect storm of market conditions in the last four years that now has it positioned as one of the most strategic industrial hubs in South East Queensland.
– Ashley Rees RWC Senior Analyst
Act now to position yourself at the epicenter of industrial success!
Disclaimer
The information contained in this Information Memorandum and any other verbal or written information given in respect of the property (“Information”) is provided to the recipient (“you”) on the following conditions:
1
North Coast Commercial Properties Pty Ltd trading as Ray White Northern Corridor Group and or any of its officers, employees or consultants (“we, us”) make no representation, warranty or guarantee, that the Information, whether or not in writing, is complete, accurate or balanced Some information has been obtained from third parties and has not been independently verified Accordingly, no warranty, representation or undertaking, whether express or implied, is made and no responsibility is accepted by us as to the accuracy of any part of this, or any further information supplied b y or on our behalf, whether orally or in writing
2
All visual images (including but not limited to plans, photographs, specifications, artist impressions) are indicative only and are subject t o change Any measurement noted is indicative and not to scale All outlines on photographs are indicative only
3
The Information does not constitute, and should not be considered as, a recommendation in relation to the purchase of the property or a solicitation or offer to sell the property or a contract of sale for the property
4
You should satisfy yourself as to the accuracy and completeness of the Information through your own inspections, surveys, enquiries, and searches by your own independent consultants, and we recommend that you obtain independent legal, financial and taxation advice This includes as to whether any listing price is inclusive or exclusive of GST
5
We are not valuers and make no comment as to value “Sold/ leased” designations show only that stock is “currently not available” – not that the property is contracted/ settled If you require a valuation we recommend that you obtain advice from a registered valuer
6
The Information does not and will not form part of any contract of sale for the property If an interested party makes an offer or signs a contract for the property, the only information, representations and warranties upon which you will be entitled to rely will be as expressly set out in such a contract
7
Interested parties will be responsible for meeting their own costs of participating in the sale process for the property. We will not be liable to compensate any intending purchasers for any costs or expenses incurred in reviewing, investigating or analysing any Information.
8.
We will not be liable to you (to the full extent permitted by law) for any liabilities, costs or expenses incurred in connection with the Information or subsequent sale of the property whatsoever, whether the loss or damage arises in connection with any negligence, default or lack of care on our part
No person is authorised to give information other than the Information in this Information Memorandum or in another brochure or document authorised by us Any statement or representation by an officer, agent, supplier, customer, relative or employee of the vendor will not be binding on the vendor or us
To the extent that any of the above paragraphs may be construed as being a contravention of any law of the State or the Commonwealth, such paragraphs should be read down, severed or both as the case may require and the remaining paragraphs shall continue to have full force and effect
You may not discuss the Information or the proposed sale of the property with the vendors or with any agent, friend, associate or relative of the vendor or any other person connected with the vendor without our prior written consent We accept no responsibility or liability to any other party who might use or rely upon this report in whole or part of its contents
The Information must not be reproduced, transmitted or otherwise made available to any other person without our prior written consent
Moreton Bay Commercial Property Team
Chris Massie Director 0412 490 840 chris.massie@raywhite.com
Troy Sturgess
Senior Agent 0432 701 600
troy sturgess@raywhite com
Michael Nides
Sales and Leasing Associate 0468 517 956 michael.nides@raywhite.com
Michaela Webb
Senior Administrator 0409 202 066 michaela webb@raywhite com
Keegan Geary
Senior Leasing Administrator 1300 255 075 keegan.geary@raywhite.com
Aaron Canavan
Commercial Principal 0447 744 948
aaron.canavan@raywhite.com
James Garnett
Sales and Leasing Associate 0422 087 745
james.garnett@raywhite.com
Bianca Jensen
Sales and Leasing Associate 0434 053 164 bianca.jensen@raywhite.com
Shayna Kirk
Executive Assistant to the Principal 0433 574 694
shayna kirk@raywhite com
Kelly Hockenhull
Sales Administrator
1300 255 075 kelly.hockenhull@raywhite.com
