FOR SALE
Sale by Negotiation

5/38 Eastern Service Road
Stapylton QLD 4207

Bedrooms: -
Bathrooms: -
Car spaces: 10
Floor area: 656m2
Land area: 539m2
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Dual roller door 656m²* warehouse in SEQ's fastest growing Industrial Precinct - Tenant month to month - 10 car parks

Peter Laoudikos from RWC is excited to present 5/38 Eastern Services Rd, Stapylton, QLD. Properties of this size, calibre and location are rarely made on offer and with the tenants lease ending on the 31/10/24 provides investors with the perfect opportunity to negotiate a long term lease at market rent or for owner occupancy immediately after providing notice to the tenant. Currently paying $85,002.66* per annum, the property is currently rented below the market rate of $180-$190 net PLUS GST PLUS Outgoings per m2 of approved NLA.
Key features of Unit 5 include:
- 656m²* of total floor area
- 539m²* ground floor + 117m²* additional mezzanine storage
- Lease ending 31/10/24 provides immediate rental upside or vacant possession
- Dual Industrial height roller doors + 2 x pedestrian access doors
- Ceiling height over 7m
- Multiple bathrooms & basic kitchenette
- 10 car parks
- Tenant occupies two units in the complex provides incentive to negotiate and stay on long term
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Property Details for 5/38 Eastern Service Rd, Stapylton

Building Type
Commercial
Floor Size
656m2
Land Size
539m2

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About Stapylton 4207

The size of Stapylton is approximately 15 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Stapylton in 2011 was 446 people. By 2016 the population was 434 showing a population decline of 2.7% in the area during that time. The predominant age group in Stapylton is 30-39 years. Households in Stapylton are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Stapylton work in a trades occupation. In 2011, 34.2% of the homes in Stapylton were owner-occupied compared with 36.7% in 2016.

Stapylton has 564 properties. Over the last 5 years, Houses in Stapylton have seen a 87.28% increase in median value, while Units have seen a 58.88% increase. As at 30 November 2024:

  • The median value for Houses in Stapylton is $1,260,563 while the median value for Units is $470,728.
  • Houses have a median rent of $450 while Units have a median rent of $280.
There are currently 7 properties listed for sale, and 5 properties listed for rent in Stapylton on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Stapylton.

Suburb Insights for Stapylton 4207

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Contact agent
Peter Laoudikos
RWC Gateway
Preferred contact:
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.