SOLD
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Sold on 16 Aug 2024 - Price Unavailable

70 Yarraman Place
Virginia QLD 4014

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3894m2
Land area: 5335m2
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Property Details for 70 Yarraman Pl, Virginia

Building Type
Commercial
Floor Size
3894m2
Land Size
5335m2
Local Government
Brisbane
Lot/Plan
23/RP226460

Last Listing description (August 2024)

RWC Queensland is pleased to present 70 Yarraman Place, Virginia for sale by Expressions of Interest (If not sold prior). Expressions of Interest close at 4 pm AEST on May 23rd, 2024 (If not sold prior).

This offering comprises a modern office and warehouse facility, boasting a GFA of 3,894sqm* situated on a spacious 5,335sqm site. Offered with vacant possession, this premier asset provides buyers with the opportunity to capitalise on its extensive infrastructure.

Previously utilised as an industrial bakery and packaging facility, the property comes equipped with significant infrastructure, including:

- Onsite 500KVA pad mount transformer delivering robust 3 Phase power to numerous switchboards, complemented by Power Factor Correction.
- Comprehensive floor drainage and grease trap systems throughout the majority of the premises.
- Specialized drying, proofing, and temperature-controlled areas.
- High-standard office, bathroom, and kitchen facilities.
- A column-free warehouse space featuring all-weather loading capabilities for trucks and containers.
- A substantial galvanized rooftop plant equipment platform, ready for future expansion, accessible via an internal structural staircase.
- Close proximity to major corporations such as Sanofi Consumer Healthcare, Arnott's biscuits, Boral, Ryco Hydraulics, Forbo Siegling, and other renowned brands.

Location:
Strategically positioned in Virginia, only 15kilometres from Brisbane's CBD, the property enjoys easy access to an abundance of amenities including Bunnings, Office Works, Repco, McDonald's, Todds HiFi, The Good Guys, 7/11, United Petroleum, BP, CBA, ANZ, and more.

Furthermore, the site benefits from excellent public transportation links, with the Virginia and Sunshine train stations nearby, facilitating convenient commuting options.

Virginia also offers seamless connectivity via major arterial roads such as Sandgate Road, the Gateway Motorway, and Brisbane's Tunnel network.

Conclusion:
We strongly recommend considering this exceptional industrial asset for its manufacturing and production capabilities. For further information and inspections, please contact your exclusive agents at RWC Queensland.
*Approximately

Property History for 70 Yarraman Pl, Virginia, QLD 4014

A timeline of how this property has performed in the market
Last Sold
16 Aug 2024
  • 16 Aug 2024
    Sold
  • 22 Jul 2024
    Listed for Sale By Expression of Interest
  • 12 Apr 2024
    Listed for Sale By Expression of Interest
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About Virginia 4014

The size of Virginia is approximately 3 square kilometres. It has 11 parks covering nearly 18% of total area. The population of Virginia in 2011 was 2,061 people. By 2016 the population was 2,208 showing a population growth of 7.1% in the area during that time. The predominant age group in Virginia is 30-39 years. Households in Virginia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Virginia work in a professional occupation. In 2011, 72.3% of the homes in Virginia were owner-occupied compared with 75.6% in 2016.

Virginia has 1,370 properties. Over the last 5 years, Houses in Virginia have seen a 97.33% increase in median value, while Units have seen a 42.59% increase. As at 31 August 2024:

  • The median value for Houses in Virginia is $1,214,929 while the median value for Units is $610,634.
  • Houses have a median rent of $650.
There are currently 12 properties listed for sale, and 16 properties listed for rent in Virginia on OnTheHouse. According to CoreLogic's data, 64 properties were sold in the past 12 months in Virginia.

Suburb Insights for Virginia 4014

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Andrew Doyle
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Paul Anderson
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RWC Queensland
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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.