Cushman and Wakefield is proud to present this outstanding tenanted investment opportunity to the sales market via Expressions of Interest closing Thursday 30th October 2025 at 4pm (AEST).

115 Potassium Street, Narangba is part of the WGN Portfolio comprising of three ultra rare industrial assets with an outstanding long term income profile. The asset is fully leased to ASX-listed tenant, Wagners Holding Company Limited (ASX:WGN) until 2040 with options through until 2060.

Strategically located in the tightly held Moreton Bay Region, the asset is comprised of a modern concrete processing facility situated on some 6,344sqm of land with a rarely available zoning allowing for the production of concrete and concrete materials. The location allows for ease of access to the high growth Brisbane market with excellent connectivity to major road networks including the Bruce Highway and Gateway Arterial network.

The asset is anchored by a 20-year lease with options extending through to 2060 and returning a strong net income of $814,904 per annum.

At a Glance:

• Leased to ASX-listed Wagners (ASX:WGN) until 2040, with options to 2060;

• 15-Year WALE (approx.) delivering unrivalled income certainty;

• 100% of outgoings paid by tenant including repairs of a capital nature – triple net lease;

• Combination of CPI and fixed annual increases;

• Significant 6344sqm site with rarely available approvals for High Impact Industry which allow for concrete production facilities;

• Highly specified industrial improvements comprising with positive makegood obligations at the expiry of the term;

• Tenant aligned to the booming SE Queensland construction sector.

115 Potassium Street, Narangba represents a premium, low-risk industrial investment in Queensland's rapidly growing South East Queensland corridor. This outstanding industrial investment can be purchased either in one line, or as a portfolio together with assets at Yatala and Coolum Beach offering similar lease profiles (total net income $1,902,233.96). 

 Contact the appointed agents for a full information package.