Ray White Commercial Northern Corridor Group are pleased to present 39-45 Cessna Drive, Caboolture for sale. Positioned within the tightly held Corporate Park industrial precinct, the property offers investors a substantial freehold asset supported by a diversified tenancy profile.
The fully leased asset comprises 3,178m of Net Lettable Area across 13 tenancies occupied by 11 established tenants*, generating a net income of approximately $536,362 per annum* under a true net lease structure.
Situated on a prominent 6,438m corner site* with direct access to Bribie Island Road and the Bruce Highway, the property benefits from excellent connectivity to the Moreton Bay, Sunshine Coast and North Brisbane markets. With rental levels currently considered below market benchmarks and a short 1.9-year WALE, the asset presents clear potential for future rental uplift and value creation.
Key Features:
Net income of $536,362 per annum*
Diversified income stream across 11 tenants and 13 tenancies
3,178m NLA* on a substantial 6,438m freehold landholding*
Tenancy sizes from approximately 82m to 642m*
Short 1.9-year WALE providing repositioning opportunity
Prominent corner industrial site with strong access and exposure
For Sale via Offers to Purchase closing Thursday 23 April at 4:00pm (AEST).
*Approx.
The size of Caboolture is approximately 68.7 square kilometres. It has 69 parks covering nearly 17.8% of total area. The population of Caboolture in 2016 was 26433 people. By 2021 the population was 29534 showing a population growth of 11.7% in the area during that time. The predominant age group in Caboolture is 0-9 years. Households in Caboolture are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Caboolture work in a labourer occupation.In 2021, 54.50% of the homes in Caboolture were owner-occupied compared with 48.60% in 2016.
Caboolture has 16,165 properties. Over the last 5 years, Houses in Caboolture have seen a 128.17% increase in median value, while Units have seen a 144.76% increase. As at 31 March 2026:
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