FOR SALE
EOI Closing 12pm, Wed,17 July, unless sold prior

40 Johnson Road
Hillcrest QLD 4118

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 10712m2
Land area: 16600m2
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Current tenant is paying from only $40/m2 net on old lease

- Rare Investment with massive rent increase upside
- Rent from only $40/m2.a year for the old lease, in the process of reviewing to the
market as soon as the lease is expired
- Strategic location with massive exposure on top of the crest of the hill at Hillcrest
- Opposite to Coles Distribution Centre and close to Woolworth's distribution centre
- Building area 10,712m2 on 4.1 acres of prime land
- The zoning has been upgraded to "Mixed Commercial."
- The current zoning allows for any retail, commercial and industrial tenancies except
Childcare Centre
- Net return $1,038,133 per year on a fully leased basis
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Property Details for 40 Johnson Rd, Hillcrest

Building Type
Commercial
Floor Size
10712m2
Land Size
16600m2

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About Hillcrest 4118

The size of Hillcrest is approximately 3.2 square kilometres. It has 14 parks covering nearly 12.6% of total area. The population of Hillcrest in 2011 was 5,228 people. By 2016 the population was 5,626 showing a population growth of 7.6% in the area during that time. The predominant age group in Hillcrest is 0-9 years. Households in Hillcrest are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hillcrest work in a machinery operators and drivers occupation. In 2011, 61.4% of the homes in Hillcrest were owner-occupied compared with 57.7% in 2016.

Hillcrest has 3,129 properties.

    There are currently 37 properties listed for sale, and 17 properties listed for rent in Hillcrest on OnTheHouse. According to CoreLogic's data, 142 properties were sold in the past 12 months in Hillcrest.

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