FOR SALE
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10/47 Musgrave Road
Coopers Plains QLD 4108

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 129m2
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Neat Little Strata with a Longstanding Tenant

This is the perfect investment for those looking to secure a property at a lower price point, add to a SMSF portfolio, or to get started in owning a commercial/industrial property.
For peace of mind, the tenant has been in occupation since 2007 and has just re-signed for another 3 years until 2027.
• Office/warehouse strata of 129sqm total with approx. 40sqm of office and amenities
• 2 car parks allocated
• Prominent position in direct line of sight as you enter off Musgrave Rd
• Dual street entry to complex 'drive through'
• Opportunity to add value building a mezzanine
• Net lease; tenant pays all outgoings expenses
This location on Musgrave Rd just off Beaudesert Rd, is easy to get to via the Granard Rd/Riawena (Kessels) Rd intersection - hence the Pacific M1 and Ipswich M7 Motorways are short drives, which makes this a disable location.

Property Details for 10/47 Musgrave Rd, Coopers Plains

Building Type
Commercial
Floor Size
129m2

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About Coopers Plains 4108

The size of Coopers Plains is approximately 4.2 square kilometres. It has 8 parks covering nearly 5.8% of total area. The population of Coopers Plains in 2011 was 4,207 people. By 2016 the population was 5,483 showing a population growth of 30.3% in the area during that time. The predominant age group in Coopers Plains is 20-29 years. Households in Coopers Plains are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coopers Plains work in a professional occupation. In 2011, 55.7% of the homes in Coopers Plains were owner-occupied compared with 50.2% in 2016.

Coopers Plains has 3,214 properties. Over the last 5 years, Houses in Coopers Plains have seen a 94.22% increase in median value, while Units have seen a 62.07% increase. As at 31 July 2024:

  • The median value for Houses in Coopers Plains is $1,045,677 while the median value for Units is $629,260.
  • Houses have a median rent of $600 while Units have a median rent of $420.
There are currently 12 properties listed for sale, and 17 properties listed for rent in Coopers plains on OnTheHouse. According to CoreLogic's data, 118 properties were sold in the past 12 months in Coopers plains.

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