7-21 Skyreach Street, Caboolture, Qld 4510

RWC Northern Corridor is pleased to present 7-21 Skyreach Street, Caboolture for sale by Expressions of Interest: a fully leased, net industrial investment on 7,560m²* of General Industry land, occupied for two decades by Skyreach, a national equipment hire and elevated work platform business that forms part of the Nishio Group of Japan.
 
The asset comprises two titles on a single plan (SP174220) totalling 7,560m2*, improved with a 1,367m2* building of office, workshop and wash bay, plus extensive concrete hardstand. Concrete tilt-panel construction, dual site access, security fencing and a monitored alarm support a low-maintenance, fully operational facility. With site cover of only around 18%, the holding retains substantial long-term flexibility across its two lots.
 
KEY FEATURES:
• Fully leased to Skyreach, a national equipment hire and EWP business on site for 20 years
• Net lease reset for five years from April 2026, plus a five-year option to 2036
• Passing income of $370,526 net per annum, with 100% outgoings recovery
• Passing rent set below prevailing market evidence, providing embedded rental reversion
• 7,560m2* of General Industry land across two titles (SP174220)
• 1,367m2* building comprising office, workshop and wash bay, plus full concrete hardstand
• Concrete tilt-panel construction, dual access, security fencing and monitored alarm
• Low site cover of approximately 18%, providing long-term flexibility
• Tightly held Caboolture location with direct access to Bribie Island Road and the Bruce Highway
 
Caboolture sits within the Moreton Bay region, one of South East Queensland's fastest-growing corridors. Direct access to Bribie Island Road and the Bruce Highway connects the site across Moreton Bay and into the Sunshine Coast labour market. Industrial vacancy remains tight, securely-leased assets are scarce, and investor appetite for passive net-leased income has firmed yields through 2025 into 2026.
 
For Sale by Expressions of Interest closing Thursday 24 September at 4pm (AEST). 

To request the Information Memorandum, arrange an inspection and access to the data room, contact Troy Sturgess or Aaron Canavan.