BAYMARKPrice list
Aerial view of Ellevation at North Harbour, Morayfield — Glass House Mountains in the background

INDUSTRIAL INVESTMENT IN NORTH BRISBANE

Own a piece of North Brisbane's industrial growth corridor. 16 architect-designed tilt-panel units.

Brand-new architect-designed industrial units in Moreton Bay City — Queensland's 3rd-largest LGA and 5th-fastest growing. 138–270 m². From $615,000 + GST. Construction underway, completion anticipated Q2 2026.

13 of 16 units available- 3 units under offer. Practical completion in weeks.

See the 13 units →

~5.5–5.9%*

Indicative gross rental yield

$250/m²*

Indicative gross rent (PA)

Q2 2026

Anticipated completion

16 units

Single-stage release

* Indicative range based on comparable Moreton Bay industrial stock and the leasing team's March 2026 assessment ($250/m² gross). Actual rent depends on configuration, end use, lease terms and market conditions at completion. Not assured.

Why this asset

Growth corridor positioning

Moreton Bay City — population 535,000, 3rd-largest LGA in Australia, 5th-fastest growing. Industrial supply across South East Queensland is tightening; major new precincts in the Caboolture corridor are still 2–3 years from delivery. Ellevation lands inside the wave, not behind it.

SMSF & wholesale-fund friendly

Direct commercial property ownership — eligible for self-managed superannuation funds and wholesale investment structures, subject to your fund deed and trustee rules. Information only — not financial product advice. Independent advice recommended.

Flexible use — own or lease

MIBA-zoned units suit owner-occupier use OR investment leasing. Brand-new building, dedicated on-site transformer, 3-phase power, above-container roller doors. Quality of build supports both end markets.

The market behind the asset

Industrial supply across South East Queensland is tightening. Brendale, North Lakes and Clontarf are running at low vacancy, and major new precincts in the Caboolture corridor are 2 to 3 years from delivery. Ellevation lands inside the wave, not behind it.

  • 4.3%

    Brisbane North industrial vacancy

    tightening · JLL Q1 2026

  • < 2 yrs

    Industrial land supply at current absorption

    shrinking · CBRE 2025

  • 535,000

    Moreton Bay City population

    5th-fastest growing LGA in Australia · ABS 2025

  • $24B

    Moreton Bay Gross Regional Product

    expanding · Moreton Bay Regional Council 2025

Figures are indicative and sourced from publicly available market reports current at the time of publication. They do not constitute a forecast of returns. Independent advice recommended before investing.

The unit

16 architect-designed tilt-panel industrial units in a single-stage release.

Ellevation industrial unit interior — ground floor with mezzanine above
  • 138 – 270 m² warehouse + mezzanine
  • Tilt-panel construction
  • Oversized mezzanine clearance (up to 3 m)
  • Above-container electric roller doors
  • 3-phase power on dedicated on-site transformer
  • 50 on-site car parks across the development
  • End-of-trip facilities (bathrooms + showers)
  • NBN connected, full fire safety
  • Glass-frontage showroom options on marquee corner units
  • Architecturally designed by Parups Waring Architects (Denis Waring FRAIA)

From $615,000 + GST. Conditions apply.

Watch us build

Real photos. Real progress. Practical completion June 2026.

Slab pour - Oct 2025

Oct 2025

Slab pour

Slab + precast - Nov 2025

Nov 2025

Slab + precast

Frame up - Jan 2026

Jan 2026

Frame up

Cladding - Mar 2026

Mar 2026

Cladding

Fitout - Apr 2026

Apr 2026

Fitout

Near complete - May 2026

May 2026

Near complete

The precinct

Aerial view of the North Harbour Business Park — Ellevation visible at centre with Glass House Mountains in the distance

North Harbour is a master-planned business park 500 m from the Bruce Highway (Exit 150). 34 minutes to Brisbane Airport, 60 minutes to Brisbane CBD, 47 minutes to the Port of Brisbane. The wider North Harbour community includes a shopping centre and bulky-goods precinct, food and fuel, gym and tavern — all within walking distance, with retail and amenity already delivered as the industrial precinct comes online.

68 Boreas Drive, Morayfield QLD 4506 (Lot 22, 68 Boreas Drive, Burpengary East QLD 4505).

How the investment process works

Four steps from enquiry to keys. Clear timeline, no surprises.

  1. 01

    Request the IM

    We send the Information Memorandum and a schedule of available units within one business day.

  2. 02

    Due diligence

    Review the IM, contract draft, floor plans, build progress, and SMSF eligibility with your adviser.

  3. 03

    Reserve your unit

    Holding deposit secures your preferred unit. Fully refundable until exchange of contracts.

  4. 04

    Settle and let or hold

    Settlement on practical completion. Lease via our agents, occupy yourself, or hold for capital appreciation.

  • Architecture

    Parups Waring Architects

    Denis Waring FRAIA

  • Interior Design

    PJ Design Group

    Named-brand fixtures throughout

  • Marketing Agents

    RWC Northern Corridor

    & Integrated Property Partners

  • Construction

    Underway since Oct 2025

    Practical completion Q2 2026

Request the investor pack

Tell us a little about your investment timeline. We'll send the Information Memorandum and arrange a site walk-through.

By submitting, you consent to Baymark Pty Ltd collecting your name, email and phone to respond to your enquiry and forward to the nominated marketing agents (RWC and Integrated Property Partners). We retain enquiry records for sales-cycle compliance and Australian tax/audit obligations. Read the full collection notice.

Important information

This page provides general information only. It is not financial product advice and does not take account of your personal objectives, financial situation or needs. You should seek independent financial, legal and tax advice before making any investment decision.

Past performance figures, where cited, are not a reliable indicator of future performance.

Indicative figures are estimates based on current market conditions and are not assured. All images are artist's impressions and subject to change. Pricing is exclusive of GST. Any future offer will be made under separate contract documentation.

SMSF eligibility depends on your fund deed and trustee rules. Confirm suitability with your licensed financial adviser before proceeding.

The marketing team

60+ years combined Queensland industrial experience.

Chris Massie

RWC Northern Corridor Group

0412 490 840

chris.massie@raywhite.com

James Garnett

RWC Northern Corridor Group

0422 087 745

james.garnett@raywhite.com

Mark Horgan

Integrated Property Partners

0411 180 277

mark.horgan@integratedproperty.com.au

David McPhillips

Integrated Property Partners

0421 087 127

david.mcphillips@integratedproperty.com.au