Refugee’s story of success leads to Meadowbrook

by admin | 23rd September 2012

Victoria based  C-Tech Laser P/L, which also operates out of NSW, has expanded into Brisbane by paying $2,175,000 for a 1,591m2 property at 60 Nealdon Drive, Meadowbrook. King & Co’s Rod Hewitt handled the transaction, while the vendor is undisclosed. 

This site comprises a modern tilt panel office/warehouse on 2,182m2 of land, with the two level office providing 197m2 of space, while the 7m high clearspan warehouse is 1,394m2. In addition, there’s a 40m2 spray booth, 122m2 of mezzanine storage, 271m2 of awning and very large sliding doors. It also offers a 4 tonne traveling crane

The new owner,which commenced business in 2006, is one of the top 5 laser profile cutting specialists in Australia and has customers such as Australian Defence Industries, Tenex, GM, Ford and Toyota.

According to Hewitt, “the company chose to buy here because it’s strategically located just off Loganlea Road, and offers proximity to the Logan Motorway as well ease of access to the Ipswich and Pacific M1 Motorway,” adding that ‘they also liked its centrality to the Gold Coast and Brisbane.”

It should be noted that C-Tech Laser’s co-owner, Mr Kym Vu, is a success story in itself, having fled Viet Nam in an over crowded 12 metre long vessel with his family 20 years ago before arriving in Australia, punctuated by spending 5 years in a Thai refugee camp

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