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Desane Locks in $4.5M Lease Extension with Brisbane City Council to 2030
8:09am on Monday 2nd of June, 2025 AEST
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Real Estate
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Desane Locks in $4.5M Lease Extension with Brisbane City Council to 2030
8:09am on Monday 2nd of June, 2025 AEST
Key Points
Lease extension signed with Brisbane City Council until June 2030
Rental income of approximately $4.5 million secured over the lease term
Property located at 16 Industrial Avenue, Wacol, a key industrial hub near Brisbane CBD
Desane plans future industrial warehouse development pending construction cost stability
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Desane Group Holdings (ASX:DGH)
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