Hooking a buyer
THE owner of a Burleigh Heads warehouse — home to an international group founded in Iceland during the Great Depression to service the fishing industry — is hoping to hook a $3 million buyer.
The 5 Leda Drive property is tenanted by Hampidjan’s Australian arm on a lease that has two years to run and comes with a five-year option.
The warehouse was built 21 years ago and previously has been home to Buyrite Steel Supplies and then Windscreens O’Brien.
It was built by Maplebury, associated with Max Kelly and family, of Brisbane.
Net rent is $170,000 a year. The building is on a 2300/sq m corner holding in the Burleigh industrial precinct and has dual street and driveway access.
The warehouse spans 960/ sq m and there is a 108/sq m office area that includes a boardroom. There is also parking for 22 cars.
Marketing agent Greg Watson, of Ray White Commercial GC South, said Hampidjan moved into the warehouse in 2015.
“The property’s a rare one for the Burleigh industrial area because of the site’s size.
“Add the size of the warehouse and it’s no surprise it’s been highly attractive to major tenants.”
Mr Watson said the Kellys are selling the warehouse as part of a re-evaluation of family assets. Tenant Hampidjan was formed as an industrial venture in Reykjavík to manufacture fishing nets, ropes and fishing long lines for the Icelandic fishing fleet.