FOR SALE
For sale via EOI closing Wed 30 Oct 2024 at 4.00pm

Building 12, 2 Flinders Parade
North Lakes QLD 4509

Bedrooms: -
Bathrooms: -
Car spaces: 46
Floor area: 1382m2
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Fully Leased Office Investment (1,382m²* NLA Building)

Lakes Vista Office Park (Building 12)
2 Flinders Parade, North Lakes
RWC Queensland has the pleasure to offer Building 12 Lakes Vista Office Park, 2 Flinders Parade, North Lakes in Moreton Bay, Queensland to the market.
An exceptional investment opportunity strategically positioned in the heart of the Moreton Bay region, one of the largest (3rd) and fastest (5th) growing local government areas in Australia. The Moreton Bay region also has the 3rd largest number of residential dwellings of any local government area in Australia.
Situated 28 kilometres* north of Brisbane CBD, North Lakes has emerged as the most vital residential, retail and business destination in the region. This new 'Central Business Hub' has attracted long-term investment from multi-national companies, major retailers, government and local business.
Located just 1.8 kilometres* to Westfield North Lakes and 250 metres* to Bruce Highway (M1), and close to shops, schools, healthcare infrastructure, Moreton Bay/Beach, bush reserve, sporting facilities, train station, and cycleway.
- 1,382m²* NLA office building completed in 2015, offering considerable tax depreciation benefits.
- 46 secure basement car parking bays providing an exceptional ratio of 1:30m²* NLA.
- 100% leased with a 2.36 year* WALE.
- $633,173* per annum Net Operating Income.
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Property Details for Building 12, 2 Flinders Pde, North Lakes, QLD 4509

Building Type
Commercial
Floor Size
1382m2

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About North Lakes 4509

The size of North Lakes is approximately 11.6 square kilometres. It has 54 parks covering nearly 18.8% of total area. The population of North Lakes in 2011 was 15,045 people. By 2016 the population was 21,670 showing a population growth of 44.0% in the area during that time. The predominant age group in North Lakes is 0-9 years. Households in North Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Lakes work in a professional occupation. In 2011, 61.9% of the homes in North Lakes were owner-occupied compared with 54.8% in 2016.

North Lakes has 9,125 properties. Over the last 5 years, Houses in North Lakes have seen a 83.75% increase in median value, while Units have seen a 77.90% increase. As at 31 October 2024:

  • The median value for Houses in North Lakes is $925,379 while the median value for Units is $619,881.
  • Houses have a median rent of $650 while Units have a median rent of $570.
There are currently 55 properties listed for sale, and 102 properties listed for rent in North lakes on OnTheHouse. According to CoreLogic's data, 518 properties were sold in the past 12 months in North lakes.

Suburb Insights for North Lakes 4509

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Tom Barr
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RWC QLD
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.