Relocating Access Hardware renting Coorparoo space for 5+5 years at between $110/m2 and $120/m2

by admin | 5th November 2010

Access Hardware has taken a 5+5 year lease on a 1,088m2 space at 1/36 Turbo Drive, Coorparoo. Similar properties in this popular southside suburb are said to be going for between $110/m2 and $120/m2

The new tenant has moved from a smaller Underwood site as part of an expansion decision, which includes being closer to its client base as well as major arterials. King & Co’s David Knox handled the transaction, while the vendor is undisclosed.

This property consists of a modern office over two levels and a clearspan, 7m high warehouse with excellent racking potential plus access via a container height roller door.

Established in 1975, Access Hardware is a family owned company with outlets in every state and territory save WA and NT. It is Australia’s largest specialist distributor of wholesale architectural door hardware, commercial washroom equipment and associated products for the construction industry. Customers include Bovis Lend Lease, Baulderstone Hornibrook, Leighton Construction and John Holland. Access also offers fully licensed locksmithing.

According to Knox  “Access management chose just the right time to rent in this area because as soon as the market bounces back rates are sure to increase here first.”

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