Quanta adds Strategic Yatala Industrial asset – JLL

The property, located at 2/112 Darlington Drive, Yatala, comprises a 5,122 sqm high-clearance tilt panel industrial facility leased to established occupiers IHC Mining and Roccoco Botanicals. Strategically positioned within the M1 industrial corridor between Brisbane and the Gold Coast, the asset is located in one of South East Queensland’s most tightly held industrial markets, where vacancy remains at just 0.9%.

The acquisition reflects Quanta’s continued focus on identifying assets with strong underlying fundamentals and clear opportunities to create additional value for investors.

Quanta Founding Director Stacey Jones told The INDUSTRIALIST the settlement represented another important milestone for the business and highlighted the strength of investor demand for well-positioned industrial assets.

“We’re delighted to have completed settlement of this outstanding industrial property. We appreciate the continued support of our investors, which allows us to keep sourcing high-quality commercial property opportunities with strong fundamentals.” Mrs Jones said.

“Yatala continues to stand out as one of Australia’s premier industrial locations, benefiting from exceptional connectivity, limited supply and sustained occupier demand. These fundamentals continue to underpin rental growth and long-term capital appreciation.”

The property was acquired on a passing yield of 6.71 per cent and is currently leased at an average net rent of $157 per square metre, approximately 12.8 per cent below prevailing market rents for comparable facilities. This rental reversion provides a clear pathway to future income growth.

The investment profile was further strengthened during due diligence, with major tenant IHC Mining exercising its option to extend its lease by a further four years. The extension delivers a significant rental uplift from December 2026 and increases the property’s Weighted Average Lease Expiry (WALE) by income from 1.37 years to 3.20 years.

“Securing the lease extension prior to settlement was an excellent outcome that materially strengthened the property’s income profile,” Mrs Jones said.

“Once the renewed rent takes effect in December 2026, the forecast yield on purchase price increases to 7.47 per cent, compared with an average industrial yield of 5.89 per cent across the broader M1 corridor.”

JLL agents Samuel Stewart and Koen Dovey, who facilitated the transaction, commented.

“We’re pleased to have worked with Quanta on the acquisition of this high-quality industrial asset as they continue to expand their investment portfolio across South East Queensland.”

“The property is a strong addition within the tightly held Yatala industrial precinct, which continues to benefit from limited supply, excellent connectivity and sustained tenant demand.”

The Quanta Yatala Industrial Trust has been established as a five-year closed-ended investment with a targeted three-year investment horizon.

The successful settlement further reinforces Quanta’s disciplined acquisition strategy of securing high-quality commercial property assets with identifiable value-add opportunities, while continuing to deliver attractive investment opportunities for its growing investor base.