“Weir International” factory located at Coolum on the Sunshine Coast
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This purpose-built factory in the Coolum industrial estate was purchased on behalf of a private entity as part of a portfolio developed by a public company under financial pressure. The factory is leased to Weir International, which is listed on the London Stock Exchange, on a 12-year lease and houses its Australian manufacturing business.
An adjoining 7235m2 lot has recently been purchased to cater for future expansion of the manufacturing complex.
D&R Dunworth acted acted as a commercial buying agent with a continuing advisory role.