FOR SALE
Expressions of Interest

15 Station Road
Logan Central QLD 4114

Bedrooms: -
Bathrooms: -
Car spaces: 16
Floor area: 364m2
Land area: 1012m2
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A-Grade Office Investment with Development Upside

Located just 20km* south of the Brisbane CBD, Logan Central is poised for regeneration and development.
This modern 364sqm* office building on a 1,012sqm* freehold block has excellent exposure on a bustling business strip. The property has 16 on-grade car parks providing clients with excellent access and convenience. The 1,012m²* site is zoned 'Major Centre' with a maximum building height of 30m* (STCA).
The entire property is tenanted by Help Employment and Training, whose current 5-year term expires in June 2026, with an additional 3 year option thereafter. The current lease provides an annual nett income of $167,612* + GST PA from July 2023.
This leased investment provides buyers with secure short/medium term cash flow and ease of management with its sole tenant. However, the office can easily be divided in half with kitchens and amenities available on both sides, giving investors flexibility and safeguarding against potential future vacancy.
Alternatively, developers with a medium/long term view for the Logan area will be well-positioned to take advantage of the strong growth slated for the region in the coming decades. Falling within the Croydon Road Precinct Masterplan, 15 Station Road, Logan Central will experience surrounding streetscape improvement over the short term, while having significant medium/long term development upside.
Features include:
- 364sqm* NLA on a 1,012sqm* block zoned 'Major Centre'
- Well-established tenant business close to target clientele
- Prominent modern building with excellent fitout and improvements
- 16 car parks located at the front of the property.
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Property Details for 15 Station Rd, Logan Central

Building Type
Commercial
Floor Size
364m2
Land Size
1012m2

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About Logan Central 4114

The size of Logan Central is approximately 2.9 square kilometres. It has 13 parks covering nearly 12.2% of total area. The population of Logan Central in 2011 was 6,172 people. By 2016 the population was 5,929 showing a population decline of 3.9% in the area during that time. The predominant age group in Logan Central is 10-19 years. Households in Logan Central are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Logan Central work in a labourer occupation. In 2011, 42.7% of the homes in Logan Central were owner-occupied compared with 38.3% in 2016.

Logan Central has 2,615 properties. Over the last 5 years, Houses in Logan Central have seen a 132.76% increase in median value, while Units have seen a 95.96% increase. As at 31 October 2024:

  • The median value for Houses in Logan Central is $632,840 while the median value for Units is $392,742.
  • Houses have a median rent of $525 while Units have a median rent of $395.
There are currently 21 properties listed for sale, and 27 properties listed for rent in Logan central on OnTheHouse. According to CoreLogic's data, 130 properties were sold in the past 12 months in Logan central.

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Benn Woods
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