Gateway Capital has bought a recently completed industrial estate at 405 Newman Road in Geebung in a $72.5-million deal that reinforces the suburb’s position as one of Brisbane’s key industrial locations.
The property, which covers 3.5 hectares and features 12 high-quality units, is 91 per cent leased to nine tenants. It offers modern warehouse capabilities designed for today’s logistics and industrial users.
According to Gateway Capital’s co-founder Peter McDonald, the estate’s average tenancy size of about 2,400 square metres, its diversified tenant mix and its strong potential for rental uplift in the medium term made the asset a strong match for the firm’s investment strategy.
Why Geebung Matters in the Industrial Market
The estate is located about 12 kilometres north of the Brisbane CBD and is surrounded by major transport routes, including Sandgate Road, Gympie Road and the Gateway Motorway. These links provide direct access to Brisbane Airport, the Port of Brisbane and the wider metropolitan network, helping the suburb attract major national and global industrial operators. Companies such as Australia Post and Linfox Transport are already located in the broader Geebung area, supporting its status as one of Brisbane’s established logistics hubs.
Gateway Capital is continuing to expand its Industrial and Logistics Partnership, which it aims to grow into an $800 million portfolio focused on core logistics and industrial assets. With this purchase, the partnership’s assets have risen to $259 million.
Geebung’s Established Industrial Strength
The 405 Newman Road property’s modern build, high internal clearance design and strong leasing profile align with the types of assets Gateway Capital is seeking.
McDonald noted that the estate is less than two years old and largely leased, which the company sees as well-suited to current and future industrial demand. The facility’s high-clearance warehouse spaces were purpose-built for logistics, offering features that are positioned to support a range of industrial occupiers.
As Geebung continues to hold its place as one of Brisbane’s premier logistics locations, observers will watch how this newly acquired site fits into the suburb’s broader industrial precinct.
Published 5-Nov-2025
