“Weir International” factory and expanded warehouse facility at Coolum on the Sunshine Coast
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Property Overview
This purpose-built factory in the Coolum industrial estate was purchased on behalf of a private entity, from a public company experiencing financial pressure.
The factory is leased to Weir Ltd which is listed on the London Stock exchange, on a 12-year lease and houses its Australian manufacturing business.
A new 2201m2 warehouse for Weir has recently been constructed on the adjoining 7235m2 lot.
D&R Dunworth acted as a commercial buying agent, project and development manager with a continuing advisory role.